Recent Price Trend in Enpro (NPO) is Your Friend, Here's Why

Core Insights - The article emphasizes the importance of identifying and sustaining trends in short-term investing, highlighting that a solid trend can lead to successful trading outcomes [1][2]. Group 1: Stock Performance - Enpro (NPO) has shown a solid price increase of 9.2% over the past 12 weeks, indicating strong investor interest and potential for further upside [4]. - NPO has maintained a price increase of 1.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - The stock is currently trading at 89.9% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 2: Fundamental Strength - NPO 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 price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like NPO that have sufficient fundamental strength to maintain their upward trend [3]. - The article suggests that there are several other stocks passing through the "Recent Price Strength" screen, which may also be considered for investment [8].