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Here's Why Travelers (TRV) is a Strong Momentum Stock

The article from MSN Money discusses why Travelers Companies Inc. (TRV) is considered a strong momentum stock. It highlights that TRV has shown significant positive momentum in its stock price, with a 1.7% increase in the last week and a 15.7% rise over the past quarter, outperforming the Zacks Insurance - Property and Casualty industry. Over the past year, TRV's stock has grown by 19.2%, compared to the S&P 500's 25.1%. The article points out that the stock's momentum is supported by positive earnings estimate revisions, with the current quarter's estimates increasing from $4.54 to $4.75 per share, and the full year's estimates rising from $16.41 to $17.62 per share. This upward trend in earnings estimates, combined with a favorable Zacks Momentum Style Score of B and a high Zacks Rank, suggests that TRV is well-positioned for continued growth, making it an attractive option for momentum investors.

Read the Full MSN Article at:
[ https://www.msn.com/en-us/money/savingandinvesting/here-s-why-travelers-trv-is-a-strong-momentum-stock/ar-AA1vckDG ]