Build-A-Bear Workshop(US:BBW) ZACKS·2024-10-09 13:50Core 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 [1]. Group 1: Stock Performance - Build-A-Bear (BBW) has shown a solid price increase of 36.5% over the past 12 weeks, indicating strong investor interest [2]. - In the last four weeks, BBW's price has increased by 19.2%, confirming that the upward trend is still intact [2]. - BBW is currently trading at 98.8% of its 52-week high-low range, suggesting it may be on the verge of a breakout [2]. Group 2: Fundamental Strength - BBW 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 Zacks Rank system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [3]. - The Average Broker Recommendation for BBW is 1 (Strong Buy), indicating 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 BBW that are on an upward trend supported by strong fundamentals [1][4]. - There are over 45 Zacks Premium Screens available for investors to find winning stock picks based on their personal investing styles [4].