Core Insights - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that a solid trend can lead to profitable opportunities [1][2] Group 1: Stock Performance - Tutor Perini (TPC) has shown a significant price increase of 51.7% over the past 12 weeks, indicating strong investor interest [4] - In the last four weeks, TPC's stock price increased by 63.4%, suggesting that the upward trend is still intact [5] - TPC is currently trading at 96.9% of its 52-week high-low range, indicating a potential breakout [5] Group 2: Fundamental Strength - TPC 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 performance [7] Group 3: Investment Strategy - The "Recent Price Strength" screen is a tool designed to identify stocks with sufficient fundamental strength to maintain their upward trends [3] - The article suggests that TPC is one of several stocks that meet the criteria of this screening process, indicating potential investment opportunities [8]
Tutor Perini (TPC) Is a Great Choice for 'Trend' Investors, Here's Why