Bridgewater (BWB) Is a Great Choice for 'Trend' Investors, Here's Why

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 - Bridgewater (BWB) has shown a solid price increase of 10% over the past 12 weeks, indicating investor confidence in its potential upside [2]. - The stock has also increased by 8.1% over the last four weeks, suggesting that the upward trend is still intact [2]. - BWB is currently trading at 93.7% of its 52-week high-low range, indicating a potential breakout [2]. Group 2: Fundamental Strength - BWB holds 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 [3]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988 [3]. - The Average Broker Recommendation for BWB is also 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 BWB's price trend 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 identify potential winning stocks [4]. - The Zacks Research Wizard tool is recommended for backtesting stock-picking strategies to ensure past profitability [4].