Here's Why Tvardi (TVRD) Is a Great 'Buy the Bottom' Stock Now

Core Viewpoint - Shares of Tvardi Therapeutics (TVRD) have recently declined by 21.1% over the past week, but the formation of a hammer chart pattern suggests potential support and a possible trend reversal in the future [1][2]. Technical Analysis - The hammer chart pattern indicates a potential bottom, suggesting that selling pressure may be subsiding. This pattern is characterized by a small candle body and a long lower wick, indicating that buyers are starting to emerge after a downtrend [4][5]. - The occurrence of a hammer pattern at the bottom of a downtrend signals that bears may be losing control, which could lead to a trend reversal [5]. Fundamental Analysis - There is a strong consensus among Wall Street analysts regarding upward revisions in earnings estimates for TVRD, which supports a bullish outlook for the stock [2][7]. - The consensus EPS estimate for the current year has increased by 10% over the last 30 days, indicating that analysts expect better earnings than previously predicted [8]. - TVRD currently holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which typically outperform the market [9][10].