It doesn't matter your age or experience: taking full advantage of the stock market and investing with confidence are common goals for all investors.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
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.
News Corporation is a global, diversified media and information services company. The company comprises businesses across a range of media: Digital Real Estate Services (16.76% of FY24 revenues): The segment consists of the company’s 61.4% interest in REA Group and 80% interest in Move (20% held by REA Group). REA Group advertises property and property-related services on its websites and mobile apps, including Australia’s leading residential, commercial and share property websites and property portals in India. Move is a leading provider of digital real estate services in the United States and primarily operates realtor.com.
NWSA boasts a Momentum Style Score of B and VGM Score of B, and holds a Zacks Rank #3 (Hold) rating. Shares of News Corp. has seen some interesting price action recently; the stock is down 0.5% over the past one week and up 7.4% over the past four weeks. And in the last one-year period, NWSA has gained 32.5%. As for the stock's trading volume, 2,886,891.25 shares on average were traded over the last 20 days.
Momentum investors don't just pay attention to price changes; positive earnings play a crucial role, too. One analyst revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.01 to $0.86 per share. NWSA boasts an average earnings surprise of 21.2%.
NWSA should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
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