Northern Technologies (NTIC) Is a Great Choice for 'Trend' Investors, Here's Why

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in stock prices for short-term investing, highlighting that while trends can be profitable, ensuring their longevity is crucial [1][2]. Group 1: Stock Performance - Northern Technologies (NTIC) has shown a solid price increase of 30% over the past 12 weeks, indicating strong investor interest [4]. - The stock has also increased by 13.7% in the last four weeks, suggesting that the upward trend is still intact [5]. - NTIC is currently trading at 80.8% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - NTIC 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 investors to identify stocks like NTIC that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are multiple stocks passing through this screen, encouraging investors to explore these opportunities [8].