Here's Why Momentum in CPI Card Group (PMTS) Should Keep going

Core Viewpoint - The article emphasizes the importance of maintaining a positive price trend and strong fundamentals for successful short-term investing, highlighting CPI Card Group Inc. (PMTS) as a solid investment choice due to its recent performance and broker recommendations. Group 1: Price Trends and Performance - A price increase of 6.5% over the past four weeks indicates that the trend for the stock is still in place [2] - PMTS has experienced a significant price increase of 59.8% over the past 12 weeks, reflecting investors' willingness to pay more for its potential upside [9] - PMTS is currently trading at 84.8% of its 52-week High-Low Range, suggesting it may be on the verge of a breakout [12] Group 2: Fundamental Strength and Recommendations - PMTS carries 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 [7] - The Average Broker Recommendation for PMTS is 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [3] Group 3: Investment Strategies - The Zacks Rank stock-rating system has a strong track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [10] - The "Recent Price Strength" screen identifies stocks with sufficient fundamental strength to maintain their recent uptrend, filtering stocks trading in the upper portion of their 52-week range [11]