What Makes Johnson Outdoor (JOUT) a Good Fit for 'Trend Investing'

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the need for sound fundamentals and positive earnings estimates to maintain momentum. Group 1: Trend Analysis - The trend in short-term investing is crucial, as it can lead to significant profits if sustained [1] - A common issue is that trends may reverse before exiting a trade, resulting in potential losses [2] - A "Recent Price Strength" screen can help identify stocks on an uptrend with strong fundamentals, indicating bullishness [3] Group 2: Stock Example - Johnson Outdoor (JOUT) - Johnson Outdoor (JOUT) has shown a solid price increase of 25.1% over the past 12 weeks, indicating investor confidence [4] - The stock has also increased by 14% in the last four weeks, suggesting that the upward trend is still intact [5] - JOUT is trading at 98.4% of its 52-week high-low range, indicating a potential breakout [5] Group 3: Fundamental Strength - JOUT 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 Zacks Rank system has a strong track record, with Rank 1 stocks averaging a +25% annual return since 1988 [7] - The Average Broker Recommendation for JOUT is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7] Group 4: Additional Opportunities - Besides JOUT, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8] - The article encourages exploring over 45 Zacks Premium Screens tailored to different investing styles for potential winning stock picks [8]