Recent Price Trend in 21Vianet (VNET) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting that while price movements can be profitable, they can also reverse quickly, leading to potential losses [1][2]. Group 1: Stock Performance - 21Vianet (VNET) has shown a significant price increase of 160.9% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - In the last four weeks, VNET's price has increased by 63.6%, suggesting that the upward trend is still intact [5]. - VNET is currently trading at 95.6% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - VNET 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 investors to identify stocks like VNET that are on an upward trend supported by strong fundamentals [3]. - The article suggests that there are multiple stocks passing through the "Recent Price Strength" screen, encouraging investors to explore these options [8].