Strattec Security (STRT) Is a Great Choice for 'Trend' Investors, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the utility 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 upward price trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Strattec Security (STRT) is highlighted as a strong candidate for trend investing, having increased by 13.7% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - STRT has also shown a 13.1% price increase over the last four weeks, confirming that the upward trend is still intact [5]. Group 2: Fundamental Strength - STRT 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 proven track record, with Rank 1 stocks averaging an annual return of +25% since 1988, indicating a strong historical performance [7]. - The Average Broker Recommendation for STRT is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Opportunities - In addition to STRT, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting potential investment opportunities for those looking to capitalize on similar trends [8]. - The article encourages investors to explore over 45 Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [8].