Atour Lifestyle (ATAT) ZACKS·2024-09-20 13:51Group 1 - The article emphasizes the importance of confirming the sustainability of a trend for successful short-term investing, highlighting that trends can reverse unexpectedly, leading to potential losses for investors [1] - A predefined screen called "Recent Price Strength" is mentioned as a useful tool for identifying stocks that are on an uptrend with strong fundamentals, particularly those trading near their 52-week high [1] Group 2 - Atour Lifestyle Holdings Limited (ATAT) is identified as a strong candidate for trend investors, having increased by 17.9% over the past 12 weeks and 22.1% over the last four weeks, indicating a sustained upward trend [2][3] - ATAT is currently trading at 98.4% of its 52-week high-low range, suggesting it may be on the verge of a breakout [3] Group 3 - The stock carries a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [3] - The Average Broker Recommendation for ATAT is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3] Group 4 - The article suggests that the price trend for ATAT is unlikely to reverse soon, and encourages investors to explore other stocks that meet the "Recent Price Strength" criteria [4] - It mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help in identifying potential winning stocks [4]