20.10.2021 18:00

Here's Why Momentum Investors Will Love Nutrien (NTR)

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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.Even though momentum is a popular stock characteristic, it can be tough to define. Debate surrounding which are the best and worst metrics to focus on is lengthy, but the Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us.Below, we take a look at Nutrien (NTR), 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. Nutrien currently has a Zacks Rank of #1 (Strong 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 NTR is a promising momentum pick, let's examine some Momentum Style elements to see if this producer of potash and other fertilizers 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 is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area.For NTR, shares are up 1.5% over the past week while the Zacks Fertilizers industry is up 0.47% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 15.47% compares favorably with the industry's 17.64% performance as well.While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Shares of Nutrien have increased 22.45% over the past quarter, and have gained 77.2% in the last year. On the other hand, the S&P 500 has only moved 6.42% and 33.54%, respectively.Investors should also take note of NTR'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. Right now, NTR is averaging 1,912,762 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 NTR.Over the past two months, 4 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost NTR's consensus estimate, increasing from $4.71 to $5.07 in the past 60 days. Looking at the next fiscal year, 5 estimates have 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 NTR is a #1 (Strong 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 Nutrien on your short list.Zacks’ Top Picks to Cash in on Artificial IntelligenceThis world-changing technology is projected to generate $100s of billions by 2025. From self-driving cars to consumer data analysis, people are relying on machines more than we ever have before. Now is the time to capitalize on the 4th Industrial Revolution. Zacks’ urgent special report reveals 6 AI picks investors need to know about today.See 6 Artificial Intelligence Stocks With Extreme Upside Potential>>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 Nutrien Ltd. (NTR): Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research
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Quelle: Zacks

Nachrichten zu Nutrien (Ex Potash Agrium)

  • 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 Nutrien (Ex Potash Agrium)

  • Alle
  • Buy
  • Hold
  • Sell
  • ?
11.08.2021Nutrien (Ex Potash Agrium) OutperformRBC Capital Markets
10.08.2021Nutrien (Ex Potash Agrium) OutperformRBC Capital Markets
08.07.2021Nutrien (Ex Potash Agrium) OutperformRBC Capital Markets
28.06.2021Nutrien (Ex Potash Agrium) buyJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
27.08.2019Nutrien (Ex Potash Agrium) buyUBS AG
11.08.2021Nutrien (Ex Potash Agrium) OutperformRBC Capital Markets
10.08.2021Nutrien (Ex Potash Agrium) OutperformRBC Capital Markets
08.07.2021Nutrien (Ex Potash Agrium) OutperformRBC Capital Markets
28.06.2021Nutrien (Ex Potash Agrium) buyJoh. Berenberg, Gossler & Co. KG (Berenberg Bank)
27.08.2019Nutrien (Ex Potash Agrium) buyUBS AG
10.04.2018Nutrien HaltenDZ BANK
26.01.2017Potash HoldHSBC
28.11.2016Potash HoldHSBC
21.11.2016Agrium HoldStandpoint Research
31.10.2016Potash NeutralGoldman Sachs Group Inc.
09.12.2016Potash UnderperformCowen and Company, LLC
19.04.2016Potash UnderweightBarclays Capital
21.08.2013Potash verkaufenHSBC
07.08.2012Agrium underperformNATIONAL-BANK
05.06.2012Potash underperformNATIONAL-BANK

Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Nutrien (Ex Potash Agrium) 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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