Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading. But it isn't easy to ensure the sustainability of a trend and profit from it.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, etc. -- ...

Group 1 - Bowman Consulting Group Ltd. has been awarded a contract for planning and design services for the redevelopment of the West End Container Yard at Barbours Cut Terminal in the Port of Houston, marking its first container terminal planning and design services award [1][2] - The company has recently secured over $5 million in assignments related to major U.S. ports and private oil and gas terminal operators, indicating a growing presence in the ports and harbors market [1][2] - The Port of Houston project is part of a larger $650 million capital improvement program aimed at enhancing container operations, which includes terminal planning, capacity upgrades, and traffic flow evaluations [2] Group 2 - The CEO of Bowman Consulting Group emphasized the company's commitment to increasing revenue in the ports and harbors sector, highlighting the importance of organic growth and service innovation in gaining market share [2] - Bowman Consulting Group employs 2,500 staff across 100 locations in the U.S., providing a wide range of engineering and project management solutions to various regulated end markets [3]

Core Insights - Bowman Consulting Group Ltd. has been awarded a two-year contract by the Nebraska Department of Transportation (NDOT) to provide on-call bridge evaluation services, which includes inspecting approximately 300 to 500 bridges statewide [1][2] - This contract strengthens Bowman's long-term relationship with NDOT and positions the company among a select group of firms responsible for statewide bridge evaluations, encompassing condition assessments, safety inspections, and recommendations for repair or replacement [2][3] - The CEO of Bowman highlighted that this contract exemplifies the company's commitment to acquisition integration and revenue capture, contributing to predictable, recurring revenue and expanding their service offerings with a key client [3] Company Overview - Bowman Consulting Group Ltd. is headquartered in Reston, Virginia, and operates as a national engineering services firm, providing infrastructure, technology, and project management solutions [4] - The company employs 2,500 individuals across 100 locations in the United States, offering a wide range of services including planning, engineering, geospatial, construction management, and environmental consulting [4]

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the utility of a specific screening strategy to find stocks with strong fundamentals and positive momentum. Group 1: Stock Screening and Selection - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to sustain their upward price trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3][4]. - Bowman Consulting (BWMN) is highlighted as a strong candidate for trend investing, having increased by 47.5% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - BWMN has also shown a price increase of 10.6% over the last four weeks, confirming that the upward trend is still intact [5]. Group 2: Fundamental Strength and Ratings - BWMN holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a proven track record, with Rank 1 stocks averaging an annual return of +25% since 1988, indicating a strong historical performance for stocks in this category [7]. - The Average Broker Recommendation for BWMN is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Broader Investment Strategy - In addition to BWMN, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting a broader opportunity for investors to explore [8]. - The article encourages investors to utilize various Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [8].

Company Overview - Bowman Consulting Group Ltd. is a national engineering services and program management firm headquartered in Reston, Virginia [2] - The company employs approximately 2,500 individuals and operates across 100 locations in the United States [2] - Bowman provides a wide range of services including planning, engineering, geospatial, construction management, commissioning, environmental consulting, and land procurement [2] Conference Participation - Bowman Consulting Group will participate in D.A. Davidson's 24th Annual Diversified Industrials & Services Conference scheduled for September 17-19 [1] - The conference will take place at The Four Seasons Hotel in Nashville, Tennessee [1]

Core Insights - Bowman Consulting Group Ltd. has been awarded a contract by the Illinois Department of Transportation (IDOT) to provide preliminary engineering services for the improvement of US 30 in Morrison, Illinois, which includes preparing an environmental impact statement (EIS) [1][2] Group 1: Contract Details - This contract marks Bowman's first win within IDOT's Region Two/District Two, expanding the company's reach within the state [2] - The project involves the reconstruction of US 30 along the historic Lincoln Highway, addressing congestion, pedestrian accommodations, and local flooding concerns [3] Group 2: Project Scope and Financials - The US 30 reconstruction project is valued at $15.2 million and includes roadway widening, turn lanes, drainage upgrades, ADA-compliant pedestrian facilities, and new bicycle accommodations [4] - The project aims to modernize infrastructure that dates back to the 1930s, enhancing both roadway and drainage systems [4] Group 3: Strategic Implications - The contract reinforces Bowman's strategy to build a durable revenue base through multi-phase infrastructure programs, reflecting confidence from agencies like IDOT in the company's capabilities [3] - The engagement is expected to position Bowman favorably for future assignments as the multi-year project progresses [2][3]

Group 1 - The appeal of investing in Bowman Consulting (NASDAQ: BWMN) is its ability to convert a record backlog into double-digit margins and consistent cash generation [1] - The current valuation of Bowman Consulting is at an 11x EV/EBITDA multiple, indicating potential for growth [1] Group 2 - The analyst has a strong foundation in portfolio construction and capital markets, focusing on a hybrid investment strategy that combines stable holdings with tactical allocations [1] - There is a particular interest in the gaming sector, reflecting both professional experience and personal passion [1]

Company Performance - Bowman Consulting (BWMN) has gained approximately 58.8% year-to-date, significantly outperforming the average loss of 0.6% in the Business Services sector [4] - The Zacks Consensus Estimate for BWMN's full-year earnings has increased by 70.7% over the past 90 days, indicating a positive shift in analyst sentiment and earnings outlook [3] Sector and Industry Context - The Business Services sector consists of 255 individual stocks and currently holds a Zacks Sector Rank of 7 among 16 sector groups [2] - Within the Business Services industry, which includes 26 companies, BWMN ranks better than the average industry gain of 7.3% year-to-date [6] - Concentrix Corporation (CNXC), another stock in the Business Services sector, has a year-to-date return of 11.3% and a Zacks Rank of 2 (Buy) [4][5] Investment Outlook - Investors interested in Business Services stocks should monitor both Bowman Consulting and Concentrix Corporation for their strong performance trends [7]

Core Viewpoint - The sustainability of a trend is crucial for successful short-term investing, and confirming fundamental factors is essential to maintain momentum in stocks [1][2]. Group 1: Trend Analysis - Timing entries into a trend significantly impacts investment success, as trends can reverse unexpectedly, leading to potential losses [1][2]. - A predefined screening strategy, "Recent Price Strength," helps identify stocks with strong fundamentals that can sustain their upward trends [3]. Group 2: Company Spotlight - Bowman Consulting (BWMN) - BWMN has shown a solid price increase of 58.3% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 25% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, BWMN is trading at 98.1% of its 52-week high-low range, indicating a potential breakout [5]. Group 3: Fundamental Strength - BWMN holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock's Average Broker Recommendation is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. Group 4: Additional Insights - Besides BWMN, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [8]. - The effectiveness of stock-picking strategies can be backtested using tools like the Zacks Research Wizard, which offers insights into successful strategies [9].

Group 1 - Bowman Consulting Group Ltd. has entered a $4.5 million master service agreement with the DuPage Water Commission for construction engineering services for Section 2 of the WaterLink Pipeline Project, which is valued at $250 million [1][2] - The WaterLink Pipeline Project aims to expand potable water services in growing suburban communities in Illinois, involving a 30-mile pipeline extension with approximately six miles of new 54-inch diameter water transmission main [2][3] - The project will require complex construction methods due to its proximity to high-tension overhead electrical lines and the need to cross highways, rail lines, utility corridors, and streams [2][3] Group 2 - The project is expected to enhance Bowman's role in large-scale municipal infrastructure, providing multi-year revenue visibility and contributing to margin-accretive growth [3] - The WaterLink initiative will bring Lake Michigan drinking water to the Kendall County communities of Montgomery, Oswego, and Yorkville, with construction scheduled to begin in 2025 and continue through 2028 [3] - Bowman Consulting Group operates over 100 locations in the United States, employing more than 2,400 staff and offering a range of engineering and project management services [4]