Latest news with #Bancolombia
Yahoo
11-08-2025
- Business
- Yahoo
Here's Why Bancolombia (CIB) is a Great Momentum Stock to Buy
Momentum investing revolves around the idea of following a stock's recent trend in either direction. In "long context," investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. While many investors like to look for momentum in stocks, this can be very tough to define. There is a lot of debate surrounding which metrics are the best to focus on and which are poor quality indicators of future performance. The Zacks Momentum Style Score, part of the Zacks Style Scores, helps address this issue for us. Below, we take a look at Bancolombia (CIB), a company that currently holds a Momentum Style Score of A. We also talk about price change and earnings estimate revisions, two of the main aspects of the Momentum Style Score. It's also important to note that Style Scores work as a complement to the Zacks Rank, our stock rating system that has an impressive track record of outperformance. Bancolombia currently has a Zacks Rank of #1 (Strong Buy). Our research shows that stocks rated Zacks Rank #1 (Strong Buy) and #2 (Buy) and Style Scores of "A or B" outperform the market over the following one-month period. You can see the current list of Zacks #1 Rank Stocks here >>> Set to Beat the Market? In order to see if CIB is a promising momentum pick, let's examine some Momentum Style elements to see if this financial holding company holds up. A good momentum benchmark for a stock is to look at its short-term price activity, as this can reflect both current interest and if buyers or sellers currently have the upper hand. It is also useful to compare a security to its industry, as this can help investors pinpoint the top companies in a particular area. For CIB, shares are up 0.05% over the past week while the Zacks Banks - Foreign industry is down 2.3% over the same time period. Shares are looking quite well from a longer time frame too, as the monthly price change of 6.38% compares favorably with the industry's 1.97% performance as well. While any stock can see a spike in price, it takes a real winner to consistently outperform the market. Over the past quarter, shares of Bancolombia have risen 13.24%, and are up 49.03% in the last year. In comparison, the S&P 500 has only moved 13.18% and 21.49%, respectively. Investors should also pay attention to CIB's average 20-day trading volume. Volume is a useful item in many ways, and the 20-day average establishes a good price-to-volume baseline; a rising stock with above average volume is generally a bullish sign, whereas a declining stock on above average volume is typically bearish. CIB is currently averaging 308,461 shares for the last 20 days. Earnings Outlook The Zacks Momentum Style Score also takes into account trends in estimate revisions, in addition to price changes. Please note that estimate revision trends remain at the core of Zacks Rank as well. A nice path here can help show promise, and we have recently been seeing that with CIB. Over the past two months, 2 earnings estimates moved higher compared to none lower for the full year. These revisions helped boost CIB's consensus estimate, increasing from $6.30 to $6.60 in the past 60 days. Looking at the next fiscal year, 3 estimates have moved upwards while there have been no downward revisions in the same time period. Bottom Line Given these factors, it shouldn't be surprising that CIB is a #1 (Strong Buy) stock and boasts a Momentum Score of A. If you're looking for a fresh pick that's set to soar in the near-term, make sure to keep Bancolombia on your short list. 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 BanColombia S.A. (CIB) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
31-07-2025
- Business
- Yahoo
AlphaPoint bets on the rise of institutional crypto super apps
AlphaPoint bets on the rise of institutional crypto super apps originally appeared on TheStreet. The crypto industry has no shortage of moonshot ideas, but few infrastructure firms have weathered the cycles like AlphaPoint. Founded in 2013, the company has quietly powered the launch of nearly 200 exchanges and wallets worldwide. But CEO Igor Telyatnikov says the firm's next chapter won't be driven by early adopters—it'll be defined by institutions. 'We're past the phase of helping people buy their first Bitcoin,' Telyatnikov told TheStreet Roundtable. 'The next billion users are coming through platforms they already trust—banks, brokerages, government wallets. We're focused on building the tools those institutions need to serve them.' One of those tools is Chivo, El Salvador's national crypto wallet, which AlphaPoint helped upgrade. The app now reaches millions of citizens, many of whom had never accessed financial services before. Another is Bancolombia's crypto exchange and debit card, launched with AlphaPoint's tech. In Canada, Ndax crypto exchange and a sponsor of the NHL playoffs. Telyatnikov believes the future of crypto adoption lies in 'super apps'—platforms that seamlessly blend trading, lending, borrowing, payments, and merchant tools. It's already happening. In Thailand, SCB's InnovestX added crypto to its stock trading app using AlphaPoint infrastructure. In Canada, Robinhood's acquisition of WonderFi hints at the convergence of TradFi and crypto. 'Institutions know there's real revenue in this,' Telyatnikov said. 'Crypto is no longer a sandbox. It's infrastructure.' AlphaPoint bets on the rise of institutional crypto super apps first appeared on TheStreet on Jul 29, 2025 This story was originally reported by TheStreet on Jul 29, 2025, where it first appeared. 擷取數據時發生錯誤 登入存取你的投資組合 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤 擷取數據時發生錯誤
Bloomberg
25-07-2025
- Business
- Bloomberg
A New Era for Banking in Latin America
Grupo Cibest Chief Financial Officer Mauricio Botero explains the strategy behind the creation of the major South American banking entity, which now encompasses Colombia's biggest lender, Bancolombia. (Source: Bloomberg)
