What Makes Delcath Systems (DCTH) a Good Fit for 'Trend Investing'

Core Viewpoint - The article emphasizes the importance of identifying and sustaining stock price trends for successful short-term investing, highlighting the need for strong fundamentals and positive earnings revisions to maintain momentum [1][2]. Group 1: Stock Performance - Delcath Systems, Inc. (DCTH) has shown a significant price increase of 67.7% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also experienced a 49.5% price increase in the last four weeks, suggesting that the upward trend is still intact [5]. - DCTH is currently trading at 84% of its 52-week high-low range, indicating a potential breakout opportunity [5]. Group 2: Fundamental Strength - DCTH 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]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like DCTH that are on an upward trend supported by strong fundamentals [3]. - In addition to DCTH, 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 enhance stock-picking strategies [8].