Catalyst (CPRX) is on the Move, Here's Why the Trend Could be Sustainable

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum. Group 1: Stock Performance - Catalyst Pharmaceutical (CPRX) has shown a solid price increase of 29.5% over the past 12 weeks, indicating investor confidence in its potential upside [4] - The stock has also increased by 2.4% over the last four weeks, suggesting that the upward trend is still intact [5] - CPRX is currently trading at 85.7% of its 52-week high-low range, indicating a potential breakout opportunity [5] Group 2: Fundamental Strength - CPRX 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 article suggests utilizing the "Recent Price Strength" screen to identify stocks like CPRX that are on an uptrend supported by strong fundamentals [3] - Investors are encouraged to explore over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8]