The Japan Steel Works (JPSWY) Is a Great Choice for 'Trend' Investors, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting Japan Steel Works, Ltd. (JPSWY) as a strong candidate for trend investors due to its significant price increases and favorable fundamentals [1][4][6]. Group 1: Price Performance - JPSWY has experienced a solid price increase of 60.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also seen a price increase of 17.9% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, JPSWY is trading at 100% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - JPSWY 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 price performance [7]. Group 3: Investment Strategy - The article suggests using the "Recent Price Strength" screen to identify stocks like JPSWY that are on an uptrend supported by strong fundamentals [3]. - It mentions that there are several other stocks passing through this screen, indicating a broader opportunity for trend investors [8].