What Makes Private Bancorp of America (PBAM) a Good Fit for 'Trend Investing'

Core Viewpoint - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for maintaining momentum in stock prices [1]. Group 1: Trend Analysis - The "Recent Price Strength" screen is a useful tool for investors to identify stocks that are currently trending upwards, supported by strong fundamentals and trading near their 52-week high [2]. - Private Bancorp of America, Inc. (PBAM) has shown a solid price increase of 8.8% over the past 12 weeks, indicating investor confidence in its potential upside [3]. - PBAM has also maintained a price increase of 3.4% over the last four weeks, suggesting that the upward trend is still intact [4]. Group 2: Fundamental Strength - PBAM 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 short-term price movements [5]. - The Zacks Rank system has a strong historical performance, with Zacks Rank 1 stocks averaging a +25% annual return since 1988, indicating the effectiveness of this ranking system [6]. - The Average Broker Recommendation for PBAM 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 PBAM, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities for investors [7]. - The article suggests that investors can explore over 45 Zacks Premium Screens tailored to different investing styles to identify potential winning stocks [7].