Core Viewpoint - The article emphasizes the importance of identifying stocks with strong recent price performance, particularly highlighting Harrow (HROW) as a potential investment opportunity due to its significant price increase and favorable fundamentals [1][7][9]. Group 1: Stock Performance - HROW has experienced a substantial price increase of 130.5% over the past 12 weeks, indicating strong investor interest and potential upside [7]. - In the last four weeks, HROW's price has risen by 14.9%, suggesting that the upward trend is still intact [8]. - Currently, HROW is trading at 92.2% of its 52-week high-low range, indicating it may be on the verge of a breakout [9]. Group 2: Fundamental Strength - HROW holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [9]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [10]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988, underscoring the reliability of the ranking system [10].
Harrow (HROW) Is a Great Choice for 'Trend' Investors, Here's Why