What Makes Adtalem (ATGE) a Good Fit for 'Trend Investing'

Core Viewpoint - The article discusses the effectiveness of a "Recent Price Strength" screen for identifying stocks with strong fundamentals and upward price trends, highlighting Adtalem Global Education (ATGE) as a potential investment opportunity due to its recent price performance and bullish indicators [1][2][3]. Group 1: Price Performance - Adtalem Global Education (ATGE) has experienced a solid price increase of 23.4% over the past 12 weeks, indicating strong investor interest [2]. - The stock has maintained a price increase of 0.3% over the last four weeks, suggesting that the upward trend is still intact [3]. - ATGE is currently trading at 96.2% of its 52-week high-low range, indicating a potential breakout [3]. Group 2: Fundamental Strength - ATGE 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 [4]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [5]. Group 3: Investment Strategy - The article emphasizes the importance of confirming the sustainability of price trends through sound fundamentals and positive earnings revisions to avoid potential losses [9]. - The "Recent Price Strength" screen is one of several tools available for investors to identify stocks that may yield profitable results [10].