Why First Majestic Silver (AG) Stands Out as One of the Best Silver Stocks to Buy Right Now

Understanding Momentum-Based Stock Selection

The momentum investing approach centers on capitalizing on established price trends, whether upward or downward. Practitioners of this strategy essentially “buy strength while expecting greater appreciation ahead.” The core principle is straightforward: once a stock commits to a particular trajectory, it tends to persist in that direction, creating opportunities for well-timed, profitable exits. However, pinpointing which metrics reliably signal future gains remains hotly contested among analysts. The Zacks Momentum Style Score framework helps cut through this noise by providing a standardized evaluation system.

First Majestic Silver (AG), a prominent precious metals mining company, currently carries a Momentum Style Score of B—a designation reserved for stocks demonstrating solid upside potential. Notably, AG maintains a Zacks Rank of #2 (Buy), reinforcing its attractiveness to trend-following investors. Historical data confirms that securities earning a #2 Rank combined with an “A or B” Style Score typically outpace the broader market within the subsequent month.

Exceptional Price Performance Signals Momentum Strength

AG’s recent price action provides compelling evidence of its momentum credentials. Over the past seven days, the stock surged 36.96%, substantially outpacing the Zacks Mining - Silver industry’s 25.01% weekly advance. Zooming out further illustrates the divergence: monthly gains of 47.05% dwarf the sector’s 30.72% climb. The best silver stocks to buy typically demonstrate this kind of outperformance relative to peers.

When examining extended timeframes, AG’s trajectory becomes even more impressive. The stock delivered a 66.38% return over the past three months and an extraordinary 150.24% annual gain—figures that dwarf the S&P 500’s respective performances of 6.55% and 14.51%. Trading volume also reinforces the bullish thesis: AG averages 15,327,507 shares daily over the past 20 days, indicating robust buyer participation typical of stocks in genuine uptrends.

Earnings Revisions Point to Improving Fundamentals

Beyond price momentum, the Zacks framework evaluates earnings estimate trajectories, which often precede price appreciation. Recent months have brought encouraging developments for AG. Within the past 60 days, three upward earnings estimate revisions occurred with zero downward adjustments for the full fiscal year. This positive momentum lifted the consensus annual earnings expectation from $0.15 to $0.25—a meaningful 67% increase.

Looking ahead to the next fiscal year, the picture remains constructive, with two upward estimate revisions and no downward adjustments to date. This pattern of improving analyst sentiment historically correlates with sustained stock appreciation.

Is AG Among the Best Silver Stocks to Consider?

The confluence of factors—robust price momentum, outperformance versus industry peers, rising trading volume, and improving earnings expectations—collectively position First Majestic Silver as a compelling entry for investors seeking exposure to precious metals with near-term appreciation potential. The #2 Buy rating, combined with a B-grade Momentum Score, reflects this attractiveness. For those searching to add exposure to the silver sector, AG merits serious consideration in a diversified portfolio approach.