Here's Why Momentum in Materion (MTRN) Should Keep going

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: Stock Performance - Materion (MTRN) has shown a solid price increase of 46.5% over the past 12 weeks, indicating strong investor interest [3]. - The stock has also experienced a price increase of 31% over the last four weeks, suggesting that the upward trend is still intact [4]. - MTRN is currently trading at 80% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - MTRN 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 [5]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Investment Strategy - The article suggests that investors can utilize the "Recent Price Strength" screen to identify stocks like MTRN that are on an upward trend supported by strong fundamentals [2][7]. - It also mentions that there are over 45 Zacks Premium Screens available for investors to find potential winning stocks based on their personal investing styles [7].