StoneX Group (SNEX) Is a Great Choice for 'Trend' Investors, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Performance - StoneX Group Inc. (SNEX) has shown a solid price increase of 15.3% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has maintained a price increase of 0.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - SNEX is currently trading at 81.8% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - SNEX 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 [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 useful tool for identifying stocks like SNEX that have the fundamental strength to sustain their recent uptrends [3]. - The article suggests that investors should explore other stocks that meet the criteria of the screening strategy to find potential winning investments [8].