ARW

An analysis of momentum investing strategy identifies four stocks trading near their 52-week highs with strong earnings growth and undervalued metrics. HPE, ARW, KSS, and GCT are highlighted as having potential for continued upside, supported by positive catalysts, robust guidance, and consistent earnings surprises.

Arrow Electronics (ARW) is highlighted as a strong momentum pick with a Zacks Rank #1 (Strong Buy) rating and Momentum Style Score of B. The stock has outperformed its industry and the broader market, gaining 95.48% over the past year compared to the S&P 500's 16.99%. Recent earnings estimate revisions have been positive, with 3 upward revisions in the past two months boosting the consensus estimate from $19.56 to $21.24.

Zacks Premium offers investment research tools including the Zacks Rank stock-rating system and Style Scores to help investors identify high-performing stocks. The system has historically outperformed the S&P 500 with an average annual return of +23.86% since 1988. Arrow Electronics (ARW) is highlighted as a Strong Buy stock with strong momentum indicators and positive earnings estimate revisions.