Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum. Group 1: Stock Performance - Legacy Education Inc. (LGCY) has shown a solid price increase of 34.6% over the past 12 weeks, indicating investor confidence in its potential upside [4] - The stock has also increased by 32.5% over the last four weeks, suggesting that the upward trend is still intact [5] - LGCY is currently trading at 81.2% of its 52-week high-low range, indicating it may be on the verge of a breakout [5] Group 2: Fundamental Strength - LGCY 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 [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] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like LGCY that are on an uptrend supported by strong fundamentals [3] - The article suggests that there are several other stocks passing through this screen, providing additional investment opportunities [8]
Legacy Education Inc. (LGCY) Is a Great Choice for 'Trend' Investors, Here's Why