MoneyLion (ML) is on the Move, Here's Why the Trend Could be Sustainable

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum. Group 1: Stock Performance - MoneyLion Inc. (ML) has shown a solid price increase of 12.5% over the past 12 weeks, indicating investor confidence in its potential upside [2] - Over the last four weeks, ML's stock price has surged by 42.5%, reinforcing the notion that the upward trend is still intact [3] - ML is currently trading at 92.8% of its 52-week high-low range, suggesting it may be on the verge of a breakout [3] Group 2: Fundamental Strength - ML 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, which are critical for near-term price movements [3] - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [4] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like ML that have sufficient fundamental strength to sustain their recent uptrends [2] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks averaging an annual return of +25% since 1988, indicating the effectiveness of this rating system [4] - Investors are encouraged to explore over 45 Zacks Premium Screens tailored to different investing styles to find potential winning stocks [5]