Core Insights - The article emphasizes the importance of identifying stocks with strong price trends and solid fundamentals for potential investment opportunities [1][2]. Group 1: Stock Performance - Cimpress (CMPR) has shown a price increase of 11.1% over the past four weeks, indicating a sustained upward trend [2]. - Over a 12-week period, CMPR has gained 5.7%, reflecting investor confidence in its potential upside [7]. - CMPR is currently trading at 81.5% of its 52-week high-low range, suggesting it may be on the verge of a breakout [2]. Group 2: Fundamental Strength - CMPR holds an Average Broker Recommendation of 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [3]. - 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]. - The Zacks Rank system has a strong track record, with Rank 1 stocks generating an average annual return of +25% since 1988, suggesting that CMPR's price trend may remain stable [9]. Group 3: Investment Strategy - The article highlights the significance of ensuring that a stock's price trend is sustainable, supported by sound fundamentals and positive earnings estimate revisions [6]. - Investors are encouraged to utilize tools like the Zacks Research Wizard to backtest stock-picking strategies and identify profitable opportunities [4][10].
Here's Why Momentum in Cimpress (CMPR) Should Keep going