Methanex (MEOH) is a Great Momentum Stock: Should You Buy?

Methanex (MEOH), a methanol supplier, has earned a Momentum Style Score of A and a Zacks Rank #1 (Strong Buy) rating. The stock has outperformed its industry significantly, gaining 13.46% over the past week compared to the industry's 1.84%, and 78.93% over the past year. Positive earnings estimate revisions over the past two months, with consensus estimates rising from $9.08 to $9.68, further support the bullish outlook.