Here's Why News Corp. (NWSA) is a Strong Momentum Stock

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Here's Why News Corp. (NWSA) is a Strong Momentum Stock

//stocks-investing.news-articles.net/content/202 .. y-news-corp-nwsa-is-a-strong-momentum-stock.html

Published in Stocks and Investing on Monday, December 2nd 2024 at 17:31 GMT by Thomas Matters
^{🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source}

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both. The popular research service can help you become a smarter,

The article from MSN Money discusses why News Corporation (NWSA) is considered a strong momentum stock. It highlights that News Corp has shown significant positive momentum in its stock price, with a 1.76% increase last week and a 12.3% rise over the past month, outperforming the S&P 500. Over the last year, the stock has gained 45.7%, significantly better than the S&P 500's 25.11% increase. The article points out that the stock's momentum is supported by positive earnings estimate revisions, with the current quarter's earnings estimate increasing by 10.53% over the last 30 days. Additionally, News Corp's Momentum Style Score is rated as 'B', indicating strong momentum characteristics. The article also mentions that the stock's price performance and earnings outlook make it an attractive option for investors looking for momentum stocks.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/topstocks/here-s-why-news-corp-nwsa-is-a-strong-momentum-stock/ar-AA1v8Vaj ]

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