Here's Why Alphabet (GOOGL) is a Strong Momentum Stock

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

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?

For momentum investors, upward or downward trends in a stock's price or earnings outlook take precedent, so they'll want to zero in on the Momentum Style Score. This Score can pinpoint good times to build a position in a stock, using factors like one-week price change and the monthly percentage change in earnings estimates.

Alphabet (GOOGL)

Alphabet is one of the most innovative companies in the modern technological age. Over the last few years, the company has evolved from primarily being a search-engine provider to cloud computing, ad-based video and music streaming, autonomous vehicles, healthcare providers and others. In the online search arena, Google has a monopoly with more than 94% of the online search volume and market.

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GOOGL sits at a Zacks Rank #3 (Hold), holds a Momentum Style Score of A, and has a VGM Score of A. The stock is up 0.1% and up 1% over the past one-week and four-week period, respectively, and Alphabet has lost 6.4% in the last one-year period as well. Additionally, an average of 36,428,444 shares were traded over the last 20 trading sessions.

Momentum investors also pay close attention to a company's earnings. For GOOGL, four analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.11 to $9.53 per share for 2025. GOOGL boasts an average earnings surprise of 14.6%.

GOOGL 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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Alphabet Inc. (GOOGL) : Free Stock Analysis Report

This article originally published on Zacks Investment Research (zacks.com).

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