What Makes Apple (AAPL) a Strong Momentum Stock: Buy Now?
Zacks highlights Apple (AAPL.OQ) as a strong momentum stock, citing a Momentum Style Score of A and a Zacks Rank of #2 (Buy). Shares have outpaced the S&P 500 over multiple horizons (week: +4.7%; quarter: +14.43%; year: +38.85%) and show robust trading activity (20-day avg volume ~49.12M). Upward earnings estimate revisions (consensus annual EPS raised from $8.44 to $8.74 in 60 days) bolster the momentum case. The combination of price strength, rising analyst estimates and high volume suggests continued investor interest and potential near-term upside, supporting a bullish trading stance for momentum-oriented investors.