Recent Price Trend in Bridgewater (BWB) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum [1][2]. Group 1: Stock Performance - Bridgewater (BWB) has shown a solid price increase of 1% over the past 12 weeks, indicating investor willingness to pay more for potential upside [4]. - Over the last four weeks, BWB's stock price has increased by 15.5%, suggesting that the upward trend is still intact [5]. - BWB is currently trading at 83.9% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - BWB holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The Zacks Rank system has a strong track record, with Rank 1 stocks generating an average annual return of +25% since 1988 [7]. - The average broker recommendation for BWB is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like BWB that are on an uptrend supported by strong fundamentals [3]. - In addition to BWB, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [8].