Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, ensuring its longevity is crucial for success [1][2]. Group 1: Stock Analysis - The "Recent Price Strength" screen is a tool designed to identify stocks with strong fundamentals that can maintain upward price momentum [3]. - Brady (BRC) has shown a solid price increase of 11.2% over the past 12 weeks, indicating investor confidence in its potential [4]. - BRC has maintained a price increase of 0% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, BRC is trading at 88.2% of its 52-week high-low range, indicating a potential breakout opportunity [6]. Group 2: Broker Recommendations - BRC has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The stock carries a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [8]. Group 3: Historical Performance - The Zacks Rank stock-rating system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, suggesting that BRC's price trend is likely to remain positive [9].

Core Viewpoint - Blackrock Silver Corp. is initiating a fully-funded 20,000-metre drill program at its Tonopah West project, aiming to enhance its mineral resource estimates and expand its silver and gold inventory [1][2][3]. Drilling Program Details - The drill program will commence in July 2024, utilizing two core drills from Alloy Drilling, LLC and one reverse circulation drill from Legacy Drilling, LLC [2]. - The program has two main objectives: converting approximately one million tonnes of high-grade silver and gold from inferred to measured and indicated resource categories, and connecting the DPB zone to the NW target area [4][5]. Resource Conversion Focus - The resource conversion will target high grades within the Bermuda and Merten vein systems, with drilling planned on 25-metre centers over an area of 270 metres East-West and 550 metres North-South [4]. - A total of 12,000 metres of combined reverse circulation and core drilling is planned for this portion of the program [4]. Resource Expansion Efforts - The expansion drilling will focus on a 1-kilometre vein corridor between the DPB and NW Step-out deposits, with a total of 8,000 metres of drilling planned [5]. - Eleven holes are planned for this resource expansion, including nine new pre-collars and two existing pre-collars [5]. Metallurgical Test Work - The company has engaged Kappes, Cassidy & Associates to conduct additional metallurgical test work, with results expected in August 2024 [6]. - This test work aims to refine estimated metallurgical recoveries and assist in recommending processing parameters and capital expenditures [6]. Company Background - Blackrock Silver Corp. is focused on precious metal exploration, with a proven track record and a portfolio that includes significant silver and gold resources [9]. - The company controls a 100% interest in its Nevada properties, which are known for low-sulphidation, epithermal gold and silver mineralization [9].

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. BRC is quite a good fit in this regard, gaining 13.6% over this period. Looking at the fundamentals, the stock currently carries a Zac ...

Company Overview - IXOPAY has appointed Brady Harris as its new CEO following its merger with TokenEx, marking a significant shift towards a multi-processor payment model in the payments industry [1][2] - The company aims to become a one-stop solution in the payment industry, offering services such as omnichannel tokenization, payment orchestration, and card lifecycle management [3][6] Leadership and Experience - Brady Harris brings over 20 years of experience in FinTech, Payments, and SaaS, previously serving as CEO of Dwolla, where he increased annual payment volumes from $10 billion to $70 billion [2][3] - Under Harris's leadership, IXOPAY is expected to set new benchmarks in the payment sector, focusing on scalability, security, and innovative advancements [5] Industry Trends and Innovations - The merger with TokenEx allows IXOPAY to enhance its capabilities in payment processing and security, addressing the limitations of single-processor systems [3][6] - IXOPAY is positioned to lead advancements in payments technology, integrating tokenization and orchestration to support multi-payment processing and foster innovative services [4][5] Upcoming Events - IXOPAY will showcase its expanded offerings at Money 20/20 Europe in Amsterdam, highlighting advancements in payment orchestration, tokenization, risk management, and card lifecycle management [5]

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the '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. In order to see if BRC is a promising momen ...

Brady (BRC) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked by the system. Indivi ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

MILWAUKEE, May 24, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) ("Brady" or "Company") announced that Christopher Hix will join its Board of Directors, effective May 24, 2024. "Chris' extensive financial and strategic experience as a leader at several industrial companies, where he played a key role in accelerating growth, makes him an outstanding addition to the Brady Board of Directors," said Bradley C. Richardson, Chair of Brady's Board of Directors. Mr. Hix joins the Brady Board of Directors a ...

MILWAUKEE, May 24, 2024 (GLOBE NEWSWIRE) -- Brady Corporation (NYSE: BRC) ("Brady" or "Company") announced that Christopher Hix will join its Board of Directors, effective May 24, 2024. Mr. Hix joins the Brady Board of Directors after a 39-year career in public companies serving a broad range of global markets. From 2016 until his retirement in 2022, he served as Chief Financial Officer of Enovis Corporation (and its predecessor Colfax Corporation) while the company transformed its industrial business portf ...

Financial Data and Key Metrics Changes - The company reported a record high earnings per share (EPS) of $1.05, up 9.4% year-over-year, with non-GAAP EPS increasing 14.7% to $1.09 [14][15] - Organic sales growth was 4.5%, with total sales growth of 1.9% after accounting for foreign currency translation and divestitures [16][18] - Gross profit margin improved to 51.6%, an increase of 130 basis points from the previous year [19] Business Line Data and Key Metrics Changes - The Americas and Asia region saw organic sales growth of 4.5%, while Europe and Australia experienced 4.4% growth [16][34] - Segment profit in the Americas and Asia increased by 1% to $49.7 million, maintaining a profit margin of 22.1% [36] - In Europe, segment profit rose 14.3% from $17.1 million to $19.5 million, driven by strong organic sales growth [37] Market Data and Key Metrics Changes - The company noted a decline in sales in China by over 17%, but growth in other markets like India and Singapore compensated for this drop [49] - The healthcare segment has been a drag on organic growth, with stagnant hospital admissions impacting performance [68][105] Company Strategy and Development Direction - The company is focused on launching innovative products, with several new products introduced this quarter, including a rugged barcode scanner and an industrial inkjet printer [9][52] - There is an ongoing commitment to return funds to shareholders through dividends and share buybacks, with $61.6 million returned this quarter [17][32] - The company is investing in research and development, increasing R&D spending from $15.7 million to $17.7 million [21] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism for the second half of the year, despite uncertainties in the economic environment [43][65] - The company expects low single-digit organic sales growth for the full fiscal year 2024, with guidance adjusted for EPS [24][47] - Management highlighted the potential of generative AI to enhance productivity and sales effectiveness [12] Other Important Information - The company has a strong cash position with $96.7 million in net cash and plans for disciplined capital allocation [31][32] - The company has increased its dividend for 38 consecutive years, reflecting a commitment to shareholder returns [23][92] Q&A Session Summary Question: What trends are being seen in industrial automation and healthcare? - Management noted hesitancy in investment in industrial automation due to economic concerns, while the healthcare segment has been stagnant but new products are expected to improve performance [44][68] Question: How did the company achieve organic growth in Europe? - The company attributed growth to increased product consumption rather than pricing, with successful expansion in wallet share among customers [61][107] Question: What surprised management in the quarter? - Management was surprised by the acceleration of product adoption in the last month of the quarter, indicating a shift in customer purchasing behavior [80][88]