11.10.2021 18:00

Are You Looking for a Top Momentum Pick? Why Banco Santander (SAN) is a Great Choice

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Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Banco Santander (SAN), which currently has a Momentum Style Score of A. We also discuss some of the main drivers of the Momentum Style Score, like price change and earnings estimate revisions.It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Banco Santander currently has a Zacks Rank of #2 (Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of A or B outperform the market over the following one-month period.You can see the current list of Zacks #1 Rank Stocks here >>>Set to Beat the Market?In order to see if SAN is a promising momentum pick, let's examine some Momentum Style elements to see if this financial holding company holds up.A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It's also helpful to compare a security to its industry; this can show investors the best companies in a particular area.For SAN, shares are up 6.3% over the past week while the Zacks Banks - Foreign industry is up 1.6% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 8.38% compares favorably with the industry's 1.3% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Banco Santander have risen 8.38%, and are up 106.44% in the last year. On the other hand, the S&P 500 has only moved 1.96% and 29.13%, respectively.Investors should also pay attention to SAN's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. SAN is currently averaging 3,830,307 shares for the last 20 days.Earnings OutlookThe Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with SAN.Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost SAN's consensus estimate, increasing from $0.47 to $0.51 in the past 60 days. Looking at the next fiscal year, 1 estimate has moved upwards while there have been no downward revisions in the same time period.Bottom LineTaking into account all of these elements, it should come as no surprise that SAN is a #2 (Buy) stock with a Momentum Score of A. If you've been searching for a fresh pick that's set to rise in the near-term, make sure to keep Banco Santander on your short list.Tech IPOs With Massive Profit PotentialIn the past few years, many popular platforms and like Uber and Airbnb finally made their way to the public markets. But the biggest paydays came from lesser-known names.For example, electric carmaker X Peng shot up +299.4% in just 2 months. Think of it this way…If you had put $5,000 into XPEV at its IPO in September 2020, you could have cashed out with $19,970 in November.With record amounts of cash flooding into IPOs and a record-setting stock market, this year’s lineup could be even more lucrative.See Zacks Hottest Tech IPOs Now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Banco Santander, S.A. (SAN): Free Stock Analysis Report To read this article on Zacks.com click here.
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Quelle: Zacks

Nachrichten zu Santander S.A. (Banco Santander Central Hispano)

  • Relevant
  • Alle
  • vom Unternehmen
  • Peer Group
  • ?

Um Ihnen die Übersicht über die große Anzahl an Nachrichten, die jeden Tag für ein Unternehmen erscheinen, etwas zu erleichtern, haben wir den Nachrichtenfeed in folgende Kategorien aufgeteilt:

Relevant: Nachrichten von ausgesuchten Quellen, die sich im Speziellen mit diesem Unternehmen befassen

Alle: Alle Nachrichten, die dieses Unternehmen betreffen. Z.B. auch Marktberichte die außerdem auch andere Unternehmen betreffen

vom Unternehmen: Nachrichten und Adhoc-Meldungen, die vom Unternehmen selbst veröffentlicht werden

Peer Group: Nachrichten von Unternehmen, die zur Peer Group gehören

Analysen zu Santander S.A. (Banco Santander Central Hispano)

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
22.11.2021Santander NeutralJP Morgan Chase & Co.
17.11.2021Santander HoldJefferies & Company Inc.
12.11.2021Santander Equal-weightMorgan Stanley
28.10.2021Santander BuyDeutsche Bank AG
28.10.2021Santander BuyKepler Cheuvreux
28.10.2021Santander BuyDeutsche Bank AG
28.10.2021Santander BuyKepler Cheuvreux
28.10.2021Santander OutperformCredit Suisse Group
28.10.2021Santander BuyUBS AG
27.10.2021Santander OutperformRBC Capital Markets
22.11.2021Santander NeutralJP Morgan Chase & Co.
17.11.2021Santander HoldJefferies & Company Inc.
12.11.2021Santander Equal-weightMorgan Stanley
28.10.2021Santander NeutralJP Morgan Chase & Co.
27.10.2021Santander NeutralJP Morgan Chase & Co.
28.07.2021Santander UnderperformJefferies & Company Inc.
15.07.2021Santander UnderperformJefferies & Company Inc.
07.06.2021Santander UnderperformJefferies & Company Inc.
25.02.2021Santander UnderperformJefferies & Company Inc.
03.02.2021Santander UnderperformJefferies & Company Inc.

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Santander S.A. (Banco Santander Central Hispano) nach folgenden Kriterien zu filtern.

Alle: Alle Empfehlungen

Buy: Kaufempfehlungen wie z.B. "kaufen" oder "buy"

Hold: Halten-Empfehlungen wie z.B. "halten" oder "neutral"

Sell: Verkaufsempfehlungn wie z.B. "verkaufen" oder "reduce"
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