Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the use of a specific screening strategy to find stocks with strong fundamentals and positive momentum. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to sustain their recent upward trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - This screening method helps investors shortlist stocks that are likely to maintain their momentum based on sound fundamentals and positive earnings estimate revisions [2][3]. Group 2: Intellicheck Mobilisa, Inc. (IDN) Analysis - Intellicheck Mobilisa, Inc. (IDN) has shown a solid price increase of 17.7% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - IDN has experienced a significant price increase of 56.2% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, IDN is trading at 80.6% of its 52-week high-low range, indicating it may be on the verge of a breakout [5]. Group 3: Fundamental Strength Indicators - IDN holds a Zacks Rank of 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 stock also has an Average Broker Recommendation of 1 (Strong Buy), reflecting strong optimism from the brokerage community regarding its near-term price performance [7]. Group 4: Additional Investment Opportunities - Besides IDN, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities for trend-focused investors [8]. - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles to identify winning stock picks [8].
Here's Why Momentum in Intellicheck Mobilisa (IDN) Should Keep going