CBIZ(CBZ) ZACKS·2024-11-25 14:52Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Recent Price Strength Screen - The "Recent Price Strength" screen is a unique short-term trading strategy that helps identify stocks with strong fundamentals capable of maintaining an uptrend [2]. - This screen filters stocks that are trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [2]. Group 2: CBIZ (CBZ) Analysis - CBIZ has shown a solid price increase of 9.8% over the past 12 weeks, indicating investor confidence in its potential upside [3]. - The stock has experienced a price increase of 21.7% over the last four weeks, confirming that the upward trend is still intact [4]. - CBIZ is currently trading at 81% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5]. Group 3: Fundamental Strength - CBIZ 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 high optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Insights - The price trend for CBIZ is expected to remain stable, with several other stocks also passing through the "Recent Price Strength" screen, indicating potential investment opportunities [7]. - The article suggests utilizing various Zacks Premium Screens tailored to different investing styles to identify winning stock picks [7].