NCS Multistage(US:NCSM) ZACKSยท2025-09-19 13:51Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the use of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their recent uptrend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - NCS Multistage (NCSM) is identified as a suitable candidate that passed through this screening process, showing a significant price increase of 60.2% over the past 12 weeks, reflecting investor confidence [4]. - A recent price increase of 42.1% over the last four weeks further confirms that the upward trend for NCSM is still intact, with the stock currently trading at 95% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - NCSM 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 strong historical performance, with Rank 1 stocks averaging an annual return of +25% since 1988, indicating the reliability of this ranking system [7]. - The Average Broker Recommendation for NCSM is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding the stock's near-term performance [7]. Group 3: Additional Insights - The article suggests that NCSM'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 Zacks Research Wizard tool is mentioned as a resource for backtesting stock-picking strategies, which can help investors identify successful investment opportunities [9].