Core Insights - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that a solid trend can lead to successful trading [1][2]. Stock Performance - Mirion Technologies, Inc. (MIR) has shown a significant price increase of 81.1% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 18.2% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, MIR is trading at 90.7% of its 52-week high-low range, indicating a potential breakout [5]. Fundamental Strength - MIR 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 performance [7]. Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like MIR that are on an upward trend supported by strong fundamentals [3][8]. - It also mentions that there are over 45 Zacks Premium Screens available for investors to find winning stock picks based on their personal investing styles [8].
Mirion Technologies (MIR) Is a Great Choice for 'Trend' Investors, Here's Why