Here's Why Momentum in UCB (UCBJY) Should Keep going

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting the utility of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2][3]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their upward price trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - UCB SA (UCBJY) is highlighted as a strong candidate for trend investing, having increased by 22.1% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - A recent price increase of 8% over the past four weeks further confirms that the upward trend for UCBJY is still intact, with the stock currently trading at 93.3% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - UCBJY 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, which are critical for near-term price movements [6]. - The Zacks Rank system has a proven track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, indicating strong historical performance [7]. - The Average Broker Recommendation for UCBJY is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Insights - The article suggests that UCBJY's price trend is unlikely to reverse soon, and encourages investors to explore other stocks that meet the criteria of the "Recent Price Strength" screen [8]. - The importance of backtesting stock-picking strategies is emphasized, with tools like the Zacks Research Wizard available to validate the effectiveness of these strategies [9].