OSI Systems(OSIS) ZACKS·2024-12-27 14:51Stock Analysis: OSI Systems (OSIS) - The stock of OSI Systems, an airport security and full-body scanner manufacturer, has shown a solid price increase of 22.4% over the past 12 weeks, reflecting investor confidence in its potential upside [9] - Over the past four weeks, the stock has maintained a price increase of 1.5%, indicating a sustained upward trend [3] - OSIS is currently trading at 82.6% of its 52-week High-Low Range, suggesting it may be on the verge of a breakout [10] Fundamental Strength - OSIS carries a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 stocks ranked based on earnings estimate revisions and EPS surprises [4] - The company has an Average Broker Recommendation of 1 (Strong Buy), indicating high optimism among brokerage communities about its near-term price performance [5] Investment Strategy - The Zacks Rank stock-rating system, which classifies stocks into five groups, has a strong track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [11] - Investors can use the "Recent Price Strength" screen to identify stocks on an uptrend, trading in the upper portion of their 52-week high-low range, which is typically a bullish indicator [8] - Timing entries into a trend is crucial for short-term investing success, and ensuring the sustainability of a trend can increase the odds of profitability [7] Additional Resources - Zacks Premium Screens offer over 45 predefined strategies to help investors find winning stock picks based on their personal investing style [6] - The Zacks Research Wizard allows investors to backtest the effectiveness of their stock-picking strategies and provides access to some of the most successful strategies [14]