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Here's Why Momentum in Lincoln Educational Services (LINC) Should Keep going
LINCLincoln Educational Services(LINC) ZACKS·2024-11-13 14:50

Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting that sound fundamentals and positive earnings revisions are crucial for maintaining momentum in stock prices [1][2]. Group 1: Stock Performance - Lincoln Educational Services Corporation (LINC) has shown a solid price increase of 44.3% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 35.3% in the last four weeks, suggesting that the upward trend is still intact [5]. - LINC is currently trading at 81.5% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - LINC 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 "Recent Price Strength" screen is a useful tool for identifying stocks like LINC that are on an uptrend supported by strong fundamentals [3]. - The article suggests that investors should consider other stocks that meet similar criteria and explore various Zacks Premium Screens tailored to different investing styles [8].