Core Viewpoint - The article emphasizes the importance of identifying and maintaining trends in short-term investing, highlighting that sound fundamentals and positive earnings estimates are crucial for sustaining momentum in stocks. Group 1: Trend Analysis - The "Recent Price Strength" screen is a tool designed to identify stocks with strong fundamentals that can maintain their upward trend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [2] - Vishay Precision (VPG) has shown a solid price increase of 1.4% over the past 12 weeks, reflecting investor confidence in its potential upside [3] - VPG has experienced a price increase of 10.2% over the last four weeks, confirming that the upward trend is still intact [4] Group 2: Fundamental Strength - VPG is currently trading at 85.4% of its 52-week high-low range, suggesting it may be on the verge of a breakout [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 near-term price movements [5][6] - The Average Broker Recommendation for VPG is also 1 (Strong Buy), indicating strong optimism from the brokerage community regarding its near-term price performance [6] Group 3: Investment Strategy - The article suggests that VPG is a strong candidate for trend investors, and there are other stocks that also meet the criteria of the "Recent Price Strength" screen [7] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988, reinforcing the potential for profitable investments [6]
Here's Why Momentum in Vishay (VPG) Should Keep going