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What Makes Sensus Healthcare (SRTS) a Good Fit for 'Trend Investing'
SRTSSensus Healthcare(SRTS) ZACKS·2024-11-18 14:50

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock trends for successful short-term investing, highlighting the need for sound fundamentals and positive earnings estimates to maintain momentum [1]. Group 1: Stock Performance - Sensus Healthcare, Inc. (SRTS) has shown a solid price increase of 16.1% over the past 12 weeks, indicating investor confidence in its potential upside [3]. - The stock has also increased by 14.9% over the last four weeks, suggesting that the upward trend is still intact [4]. - SRTS is currently trading at 89.6% of its 52-week high-low range, indicating a potential breakout [4]. Group 2: Fundamental Strength - SRTS 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 [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting strong optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like SRTS that are on an upward trend supported by strong fundamentals [2]. - There are over 45 Zacks Premium Screens available for investors to find stocks that align with their personal investing styles [7].