Geely Automobile (GELYY) is on the Move, Here's Why the Trend Could be Sustainable

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting Geely Automobile Holdings Ltd. (GELYY) as a strong candidate for trend investors due to its recent performance and positive fundamentals [1][4]. Group 1: Stock Performance - Geely Automobile Holdings Ltd. has experienced a solid price increase of 20.4% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also seen a price increase of 2.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, GELYY is trading at 87.2% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - GELYY 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 stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. - Historically, Zacks Rank 1 stocks have generated an average annual return of +25% since 1988, underscoring the potential for strong performance [7]. Group 3: Investment Strategy - The article suggests utilizing the "Recent Price Strength" screen to identify stocks like GELYY that are on an upward trend supported by strong fundamentals [3]. - Investors are encouraged to explore over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8]. - The Zacks Research Wizard tool is recommended for backtesting stock-picking strategies to ensure past profitability [9].