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Why This 1 Momentum Stock Could Be a Great Addition to Your Portfolio

Zacks Equity Research
·2-min read

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.

Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.

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.

Darden Restaurants (DRI)

Founded in 1968 and based in Orlando, FL, Darden Restaurants is one of the largest casual dining restaurant operators worldwide.

DRI boasts a Momentum Style Score of B and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Darden Restaurants has seen some interesting price action recently; the stock is down 2.5% over the past one week and up 7.2% over the past four weeks. And in the last one-year period, DRI has gained 17.4%. As for the stock's trading volume, 1,357,112.13 shares on average were traded over the last 20 days.

Momentum investors also pay close attention to a company's earnings. For DRI, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0 to $9.48 per share for 2025. DRI boasts an average earnings surprise of 1.3%.

With strong earnings growth, a good Zacks Rank, and top-tier Momentum and VGM Style Scores, investors should think about adding DRI to their portfolios.

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Darden Restaurants, Inc. (DRI) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research