NiSource (NI) Is a Great Choice for 'Trend' Investors, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying stocks with strong price trends and solid fundamentals for successful short-term investing, highlighting NiSource (NI) as a potential candidate for trend investors. Group 1: Stock Performance - NiSource (NI) has shown a solid price increase of 8.9% over the past 12 weeks, indicating investor willingness to pay more for its potential upside [3] - The stock is currently trading at 97.6% of its 52-week high-low range, suggesting it may be on the verge of a breakout [4] - Over the past four weeks, NI has experienced a price increase of 9.3%, confirming that the upward trend is still intact [10] Group 2: Fundamental Strength - NiSource 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 [11] - The stock has an Average Broker Recommendation of 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [12] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like NI that are on an uptrend supported by strong fundamentals [2] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, suggesting that NI's price trend may continue [5]