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 Screening and Performance - The "Recent Price Strength" screen is a useful tool for investors to identify stocks that are trending upwards, supported by strong fundamentals and trading near their 52-week high [2]. - Vishay Precision (VPG) is highlighted as a strong candidate for trend investing, having increased by 6.1% over the past 12 weeks, indicating investor confidence in its potential upside [3]. - VPG has also shown a price increase of 0.6% over the last four weeks, suggesting that the upward trend is still intact [4]. Group 2: Technical Indicators and Rankings - VPG is currently trading at 80.9% of its 52-week high-low range, indicating a potential breakout opportunity [5]. - The stock 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 short-term price movements [5][6]. - The Average Broker Recommendation for VPG is also 1 (Strong Buy), reflecting strong optimism from the brokerage community regarding its near-term price performance [6]. Group 3: Broader Investment Strategy - In addition to VPG, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting a variety of investment opportunities [7]. - The article encourages investors to explore over 45 Zacks Premium Screens tailored to different investing styles, which can help identify potential winning stocks [7].
Vishay (VPG) is on the Move, Here's Why the Trend Could be Sustainable