Natural Gas Services (NGS) is on the Move, Here's Why the Trend Could be Sustainable

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting Natural Gas Services (NGS) as a strong candidate for trend investors due to its recent performance and fundamental strength [1][2][4]. Group 1: Stock Performance - NGS has experienced a significant price increase of 32.9% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also shown a price increase of 9.4% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, NGS is trading at 98.9% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - NGS 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 [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]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988 [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 trend [3]. - In addition to NGS, there are other stocks that meet the criteria of the "Recent Price Strength" screen, providing additional investment opportunities [8]. - The article suggests utilizing various Zacks Premium Screens tailored to different investing styles to find potential winning stocks [8].