Recent Price Trend in BioLife Solutions (BLFS) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting BioLife Solutions, Inc. (BLFS) as a strong candidate for trend investors due to its recent price performance and fundamental strength [1][4][6]. Group 1: Price Performance - BLFS has experienced a solid price increase of 19.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also maintained a price increase of 2.3% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, BLFS is trading at 82.2% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - BLFS holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - The Zacks Rank system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, further supporting the investment case for BLFS [7]. Group 3: Investment Strategy - The article suggests that investors should consider other stocks that pass the "Recent Price Strength" screen, which identifies stocks with sufficient fundamental strength to maintain their upward trends [3][8]. - The Zacks Research Wizard tool is recommended for backtesting stock-picking strategies, allowing investors to evaluate the effectiveness of their approaches [9].