Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks [1]. Group 1: Trend Analysis - The "Recent Price Strength" screen is a tool designed to identify stocks with strong fundamentals that can maintain an upward trend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [2]. - Epsilon Energy Ltd. (EPSN) is identified as a candidate that has shown a solid price increase of 8.3% over the past 12 weeks, reflecting investor confidence in its potential upside [3]. - EPSN has also maintained a price increase of 3.8% over the last four weeks, suggesting that the upward trend is still intact [4]. Group 2: Fundamental Strength - EPSN 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 [5]. - The Zacks Rank system has a strong track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, indicating the effectiveness of this ranking system [6]. - The Average Broker Recommendation for EPSN is 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Opportunities - In addition to EPSN, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities for trend-focused investors [7]. - The article encourages investors to explore over 45 Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [7].
Epsilon Energy (EPSN) Is a Great Choice for 'Trend' Investors, Here's Why