logo
Here's Why Omnicom (OMC) is a Strong Momentum Stock

Here's Why Omnicom (OMC) is a Strong Momentum Stock

Yahoo2 days ago
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Achieving those goals is made easier with the Zacks Style Scores, a unique set of guidelines that rates stocks based on popular investing methodologies, namely value, growth, and momentum. The Style Scores can help you narrow down which stocks are better for your portfolio and which ones can beat the market over the long-term.
Different than value or growth investors, momentum-oriented investors live by the saying "the trend is your friend." This investing style is all about taking advantage of upward or downward trends in a stock's price or earnings outlook. Employing factors like one-week price change and the monthly percentage change in earnings estimates, the Momentum Style Score can indicate favorable times to build a position in high-momentum stocks.
New York-based Omnicom is one of the largest advertising, marketing, and corporate communications companies in the world. The company's networks, practice areas, and agencies offer a comprehensive suite of services across global, pan-regional, and local levels, spanning the following fundamental disciplines: Media & Advertising, Precision Marketing, Public Relations, Healthcare, Branding & Retail Commerce, Experiential, and Execution & Support. These disciplines are areas of professional expertise or service within the broader field of marketing, communications, and advertising.
OMC sits at a Zacks Rank #2 (Buy), holds a Momentum Style Score of A, and has a VGM Score of B. The stock is down 2.6% and up 4.7% over the past one-week and four-week period, respectively, and Omnicom has lost 22% in the last one-year period as well. Additionally, an average of 4,640,654 shares were traded over the last 20 trading sessions.
A company's earnings performance is important for momentum investors as well. For fiscal 2025, two analysts revised their earnings estimate higher in the last 60 days for OMC, while the Zacks Consensus Estimate has increased $0.01 to $8.33 per share. OMC also boasts an average earnings surprise of 3.7%.
OMC should be on investors' short list because of its impressive earnings fundamentals, a good Zacks Rank, and strong Momentum and VGM Style Scores.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Omnicom Group Inc. (OMC) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

National Fuel Schedules Third Quarter Fiscal 2025 Earnings Conference Call
National Fuel Schedules Third Quarter Fiscal 2025 Earnings Conference Call

Yahoo

time4 minutes ago

  • Yahoo

National Fuel Schedules Third Quarter Fiscal 2025 Earnings Conference Call

WILLIAMSVILLE, N.Y., July 17, 2025 (GLOBE NEWSWIRE) -- National Fuel Gas Company (NYSE: NFG) today announced it will release its third quarter fiscal 2025 earnings results on Wednesday, July 30, 2025 after market close. A conference call to discuss the results will be held on Thursday, July 31, 2025 beginning at 9:00 a.m. ET. Prepared remarks from the executive team are planned for approximately 20 minutes followed by a question and answer session. All participants must pre-register to join this conference using the . A webcast link to the conference call will be provided under the Events Calendar on the NFG Investor Relations website at A replay will be available following the call through the end of the day, Thursday, August 7, 2025. To access the replay, dial 1-866-813-9403 and provide Access Code 592578. National Fuel is a diversified energy company headquartered in Western New York that operates an integrated collection of natural gas assets across four business segments: Exploration & Production, Pipeline & Storage, Gathering, and Utility. Additional information about National Fuel is available at For additional information, contact: Natalie Fischer, Director of Investor Relations (716) 857-7315Kathryn Nikisch-Hoffman, Equity Plan Administrator (716) 857-7340Karen Merkel, Media Contact (716) 857-7654Email: nfg_investor_relations@ in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Uber's latest robotaxi plan involves 20,000 Lucid EVs
Uber's latest robotaxi plan involves 20,000 Lucid EVs

Engadget

time6 minutes ago

  • Engadget

Uber's latest robotaxi plan involves 20,000 Lucid EVs

Uber is investing hundreds of millions of dollars in Nuro and Lucid, the latest step in the company's plan to build an extensive robotaxi program that can roll out globally. Uber's partnership with EV manufacturer Lucid will see it deploy at least 20,000 of the Newark-based company's vehicles over a period of six years. These will be equipped with the AI-powered Nuro Driver autonomous technology. The vehicles will be owned and operated by Uber or one of its third-party partners, and the service will be exclusive to Uber users. The robotaxi service is expected to launch in late 2026 in an unnamed "major US city," and Uber said that a prototype of an operational autonomous Lucid-Nuro vehicle is currently being tested on a closed circuit at a Nuro facility in Las Vegas. According to the new partners, the robotaxi will benefit from the Lucid Gravity SUV's "advanced technology platform, redundant electrical and controls architectures, and long range," with the latter estimated to be around 450 miles. Nuro will be responsible for overseeing the extensive safety checks. These range from simulations to on-road testing and are marked on "dozens" of categories. The approved Lucid Gravity robotaxi will operate at level 4 autonomy, which essentially makes it almost fully self-driving and able to perform the majority of its functions without any human intervention. Uber has spent much of this year expanding its robotaxi ambitions through various team-ups with the likes of Volkswagen and British AI company Wayve , with whom it plans to bring robotaxis to the UK for the first time next year. Back in March, Uber launched its robotaxi service with Waymo in Austin, building on the existing offering in Phoenix, Los Angeles and San Francisco. Waymo One covers 37 square miles of the city, and Uber users can ride in one by ordering an UberX, Uber Green, Uber Comfort or Uber Comfort Electric. Earlier this week, Uber also announced a new partnership with China-based Baidu, which will see the two companies bring Baidu's Apollo Go autonomous vehicles to mainland China and other non-US (no surprise there) markets around the world.

Some Fed officials hold firm on wait-and-see rate stance despite Trump pressure
Some Fed officials hold firm on wait-and-see rate stance despite Trump pressure

Yahoo

time34 minutes ago

  • Yahoo

Some Fed officials hold firm on wait-and-see rate stance despite Trump pressure

Some Federal Reserve policymakers are not budging from their view that rates should remain where they are despite the intensifying pressure from President Trump and his allies to ease monetary policy immediately. Federal Reserve Governor Adriana Kugler and New York Fed president John Williams both made this argument in speeches delivered Wednesday night and Thursday morning, citing the risk of inflation pressure from tariffs. 'With the unemployment rate still at historically low levels, elevated short-run inflation expectations, and goods inflation rising due to the upward pressure from tariffs, I find it appropriate to hold our policy rate at the current level for some time,' Kugler said in a speech in Washington. 'I judge that inflation is likely to increase further as tariff effects build up during the rest of the year.' On Wednesday Williams stressed that he thinks that tariffs are already pushing up inflation and that will increase in the coming months. He expects tariffs will push up inflation by a full percentage point in the second half of this year and into the first part of 2026. 'Maintaining this modestly restrictive stance of monetary policy is entirely appropriate to achieve our maximum employment and price stability goals,' Williams said in his speech Wednesday night. Opposing camps now forming inside the central bank on the question of Trump's tariffs and how they will affect how the Fed acts on rates. Two other Fed governors, Christopher Waller and Michelle Bowman, have argued for cuts as early as the next meeting July 29-30. Waller last week reiterated that any inflation from tariffs will be temporary, justifying a looser approach. 'I think we're just too tight and we could consider cutting the policy rate in July,' said Waller, adding, 'It's not political.' Waller's arguments carry increasing weight since he is considered to be among the candidates to replace Jerome Powell as Fed chair next May, when Powell's term is up. 'We're not seeing a lot of tariff inflation yet,' Waller added last week. 'For that reason, I've been arguing that we could start lowering the policy rate from our current setting.' These views align with those of Trump, who has repeatedly called on the Fed and Powell to ease monetary policy, citing what he views as a lack of inflation thus far from tariffs and the savings that could be made if the US were paying lower interest on its debt. Powell has argued for more time to assess whether inflation does in fact move higher over the summer. Williams made a similar argument Wednesday, saying holding rates steady will allow more time to assess the data. He said he anticipates inflation will come in between 3 and 3.5% percent this year and then fall back to about 2.5% next year before reaching 2% in 2027. The Fed's goal is to get inflation back down to 2%. Kugler noted the still-restrictive policy stance is important to keep longer-run inflation expectations anchored. She said she is not seeing any progress on headline and core inflation the past six months, noting that goods inflation has gone up and that reflects some pass through of increased tariffs. Kugler stressed that businesses may not yet be passing the higher tariffs to their selling prices because they are waiting for greater clarity. She also noted that tariff rates could increase further, as seen in newly proposed reciprocal tariffs for several countries and the new tariffs on copper introduced last week, putting further upward pressure on prices. Click here for in-depth analysis of the latest stock market news and events moving stock prices

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store