Recent Price Trend in CBIZ (CBZ) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that a solid trend can lead to profitable investments if supported by strong fundamentals and positive earnings estimates [1][2]. Group 1: Stock Analysis - CBIZ (CBZ) has shown a significant price increase of 22.2% over the past 12 weeks, indicating strong investor interest and potential for further upside [4]. - The stock has also increased by 6% in the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, CBZ is trading at 81.8% of its 52-week high-low range, indicating it may be on the verge of a breakout [6]. Group 2: Fundamental Strength - CBZ 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, which are critical for near-term price movements [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]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like CBZ that have the fundamental strength to maintain their upward trends [3]. - The article suggests that there are multiple stocks passing through this screen, providing additional investment opportunities for trend-focused investors [8].