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Here's Why Ross Stores (ROST) is a Strong Momentum Stock

Zacks Equity Research
·2-min read

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals.

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?

Momentum investors, who live by the saying "the trend is your friend," are most interested in taking advantage of upward or downward trends in a stock's price or earnings outlook. Utilizing one-week price change and the monthly percentage change in earnings estimates, among other factors, the Momentum Style Score can help determine favorable times to buy high-momentum stocks.

Ross Stores (ROST)

Based in Dublin, CA, Ross Stores Inc. operates as an off-price retailer of apparel and home accessories, primarily in the United States. The company operates its stores under the Ross Dress for Less (Ross) and dd’s DISCOUNTS names. The company’s stores are located mostly in community and neighborhood shopping centers in heavily populated urban and suburban areas.

ROST boasts a Momentum Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Ross Stores has seen some interesting price action recently; the stock is down 0.1% over the past one week and up 7.8% over the past four weeks. And in the last one-year period, ROST has gained 26.1%. As for the stock's trading volume, 2,374,029.50 shares on average were traded over the last 20 days.

A company's earnings performance is important for momentum investors as well. For fiscal 2025, 10 analysts revised their earnings estimate higher in the last 60 days for ROST, while the Zacks Consensus Estimate has increased $0.23 to $6.20 per share. ROST also boasts an average earnings surprise of 9.1%.

ROST 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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Ross Stores, Inc. (ROST) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research