Recent Price Trend in Amer Sports, Inc. (AS) is Your Friend, Here's Why

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for successful short-term investing, highlighting that price movements should be supported by strong fundamentals and positive earnings estimates. Group 1: Stock Performance - Amer Sports, Inc. (AS) has shown a solid price increase of 25% over the past 12 weeks, indicating strong investor interest in the stock [4] - The stock has maintained a price increase of 0.4% over the last four weeks, suggesting that the upward trend is still intact [5] - AS is currently trading at 82.7% of its 52-week high-low range, indicating a potential breakout opportunity [5] Group 2: Fundamental Strength - AS holds a Zacks Rank 2 (Buy), placing it in the top 20% 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 AS that are on an uptrend supported by strong fundamentals [3] - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8]