What Makes Willdan (WLDN) a Good Fit for 'Trend Investing'

Core Insights - The article emphasizes the importance of confirming the sustainability of a trend for profitable short-term investing, highlighting that trends can reverse unexpectedly [1][2]. Group 1: Investment Strategy - A unique short-term trading strategy called "Recent Price Strength" helps identify stocks with strong fundamentals that can maintain their upward momentum [3]. - Stocks that pass this screen are typically trading in the upper portion of their 52-week high-low range, indicating bullish sentiment [3]. Group 2: Company Spotlight - Willdan Group (WLDN) - Willdan Group (WLDN) has shown a significant price increase of 105.6% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 35.4% in the last four weeks, suggesting that the upward trend is still intact [5]. - WLDN is currently trading at 89.1% of its 52-week high-low range, indicating a potential breakout [6]. Group 3: Fundamental Strength - WLDN 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 performance [7]. Group 4: Additional Opportunities - Besides WLDN, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [8].