What Makes Verona Pharma (VRNA) a Good Fit for 'Trend Investing'

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting Verona Pharma PLC (VRNA) as a strong candidate for trend investing due to its recent performance and positive fundamentals [1][3]. Price Performance - VRNA has experienced a significant price increase of 55.8% over the past 12 weeks, indicating strong investor interest and potential upside [4]. - In the last four weeks, VRNA's price has risen by 22.5%, suggesting that the upward trend is still intact [5]. - Currently, VRNA is trading at 94.7% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Fundamental Strength - VRNA 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, 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]. Additional Insights - The article suggests that VRNA is likely to maintain its price trend, and encourages investors to explore other stocks that meet the "Recent Price Strength" criteria [8]. - It also mentions the availability of over 45 Zacks Premium Screens to assist investors in identifying potential winning stocks based on their investing style [8].