Recent Price Trend in Natural Gas Services (NGS) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting Natural Gas Services (NGS) as a strong candidate for trend investors due to its recent price performance and favorable fundamentals [1][4][6]. Group 1: Price Performance - NGS has experienced a solid price increase of 15% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also seen an 8.3% price increase over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, NGS is trading at 92.2% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - NGS 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 NGS that have the fundamental strength to maintain their upward momentum [3]. - The article suggests that there are several other stocks passing through this screen, indicating potential investment opportunities for trend investors [8].