Are You a Momentum Investor? This 1 Stock Could Be the Perfect Pick

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.

While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.

Is This 1 Momentum Stock a Screaming Buy Right Now?

Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.

Barrick Mining (B)

Barrick Mining Corporation, based in Toronto, Canada, is among the largest gold mining companies in the world. The company has many advanced exploration and development projects located across five continents. It has one of the largest portfolios of world-class gold and copper assets in the industry, spanning 18 countries.

B sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of B, and has a VGM Score of A. The stock is up 5% and up 12.4% over the past one-week and four-week period, respectively, and Barrick Mining has gained 24.5% in the last one-year period as well. Additionally, an average of 12,924,831 shares were traded over the last 20 trading sessions.

Momentum investors also pay close attention to a company's earnings. For B, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.19 to $1.95 per share for 2025. B boasts an average earnings surprise of 6.7%.

Investors should take the time to consider B for their portfolios due to its solid Zacks Ranks, notable earnings metrics, and impressive Momentum and VGM Style Scores.

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Barrick Mining Corporation (B) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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