Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Vector Group (VGR) has shown a solid price increase of 38.4% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - VGR has also experienced a price increase of 24.7% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, VGR is trading at 98.3% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 2: Fundamental Strength - VGR 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 [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors seeking stocks with strong upward trends supported by solid fundamentals [3]. - In addition to VGR, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [8].
Here's Why Momentum in Vector (VGR) Should Keep going