Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the utility of a "Recent Price Strength" screen to find stocks with strong fundamentals and upward momentum [1]. Group 1: Stock Performance - Airgain (AIRG) has shown a solid price increase of 35.1% over the past 12 weeks, indicating strong investor interest [2]. - The stock has also maintained a price increase of 2.9% over the last four weeks, suggesting that the upward trend is still intact [2]. - AIRG is currently trading at 94.3% 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 may consider other stocks that pass the "Recent Price Strength" screen, in addition to AIRG, to identify potential winning stock picks [4]. - It also mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help in finding stocks that have historically produced profitable results [4].
Airgain (AIRG) is on the Move, Here's Why the Trend Could be Sustainable