Core Viewpoint - The article emphasizes the importance of timing and sustainability in short-term investing, highlighting that while trends can be beneficial, ensuring their longevity is crucial for success [1][2]. Group 1: Stock Performance - Orion Marine Group (ORN) has shown a solid price increase of 28.5% over the past 12 weeks, indicating strong investor interest [4]. - ORN has maintained a price increase of 2.2% over the last four weeks, suggesting that the upward trend is still intact [5]. - The stock is currently trading at 93.2% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - ORN 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 "Recent Price Strength" screen is a useful tool for identifying stocks like ORN that are on an uptrend supported by strong fundamentals [3]. - Investors are encouraged to explore over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8].
Here's Why Momentum in Orion Marine (ORN) Should Keep going