Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the need for sound fundamentals and positive earnings estimates to maintain momentum in stock prices [1]. Group 1: Stock Performance - Airgain (AIRG) has shown a solid price increase of 43.6% over the past 12 weeks, indicating strong investor interest [2]. - The stock has also maintained a price increase of 11.3% over the last four weeks, suggesting that the upward trend is still intact [2]. - AIRG is currently trading at 94.6% of its 52-week high-low range, indicating a potential breakout [2]. Group 2: Fundamental Strength - AIRG holds 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 [3]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like AIRG that are on an upward trend supported by strong fundamentals [1][4]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help in finding winning stock picks [4].
Airgain (AIRG) Is a Great Choice for 'Trend' Investors, Here's Why