Core 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 sufficient fundamental strength to maintain their uptrend [2]. - Stocks that pass this screen are trading in the upper portion of their 52-week high-low range, indicating bullishness [2]. Group 2: Materialise (MTLS) Stock Analysis - Materialise (MTLS) has shown a solid price increase of 37.5% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - The stock has also increased by 15.9% over the last four weeks, indicating that the upward trend is still intact [4]. - MTLS is currently trading at 85.7% of its 52-week high-low range, suggesting it may be on the verge of a breakout [5]. Group 3: Fundamental Strength and Ratings - MTLS 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), indicating strong optimism from the brokerage community regarding its near-term price performance [6]. Group 4: Additional Investment Opportunities - Besides MTLS, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities [7]. - The article mentions that there are over 45 Zacks Premium Screens available for investors to find winning stock picks based on their personal investing styles [7].
Here's Why Momentum in Materialise (MTLS) Should Keep going