Looking at FSLY's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 5 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well. Given this move in earnings estimate revisions and the positive technical factor, investors may want to keep their eye on FSLY for more gains in the near future. Over the past four weeks, FSLY has gained 6.2%. The company is currently ranked a Zacks Rank #3 (Hold), another str ...

Core Viewpoint - TransMedics (TMDX) is showing potential for investment due to a recent breakout above the 50-day moving average, indicating a short-term bullish trend [1] Technical Analysis - TMDX has reached a key level of support and has moved higher by 8.9% over the past four weeks [2] - The 50-day simple moving average is considered significant for establishing support and resistance levels, making TMDX's recent performance noteworthy [2] Earnings Estimates - There have been no downward revisions in earnings estimates for TMDX in the past two months, with four upward revisions noted, indicating positive sentiment [3] - The consensus earnings estimate for TMDX has also increased, reinforcing the bullish outlook for the company [3]

Looking at TCMD's earnings estimate revisions, investors will be even more convinced of the bullish uptrend. There have been 2 higher compared to none lower for the current fiscal year, and the consensus estimate has moved up as well. Investors should think about putting TCMD on their watchlist given the ultra-important technical indicator and positive move in earnings estimate revisions. Tactile Systems Technology (TCMD) is looking like an interesting pick from a technical perspective, as the company reach ...

Core Insights - Host Hotels and Resorts Inc (NASDAQ:HST) has seen a price increase of 4.4%, reaching $16.03, following Wells Fargo's price target adjustment from $16 to $18 while maintaining an "overweight" rating [1] - The stock's 50-day moving average has recently acted as support, which historically has led to bullish activity [1] Technical Analysis - The REIT is currently within 0.75 of its 50-day moving average's 20-day average true range (ATR), having spent at least 8 of the last 10 days and 80% of the last two months above this average [2] - Historical data shows that after similar conditions in the past three years, HST has increased one month later 100% of the time, with an average gain of 3.7% [2] - The 14-day relative strength index (RSI) is at 34.4, indicating that the stock is nearing "oversold" territory, which may suggest a potential short-term bounce [4] Short Interest and Trading Dynamics - Short interest has been decreasing as the stock rebounds from early-April lows, but it still represents 5.3% of the equity's available float [4] - It would take over three days for short sellers to cover their positions based on HST's average trading volume [4] Options Market Sentiment - Options trading appears favorable, with HST's Schaeffer's Volatility Index (SVI) at 25%, ranking in the 14th percentile of its annual range, indicating low volatility expectations from options traders [5]

Core Viewpoint - Annaly Capital Management (NLY) shows potential as a stock pick due to its recent technical indicators and positive earnings revisions [1][2][3] Technical Analysis - NLY has surpassed resistance at the 50-day moving average, indicating a short-term bullish trend [1] - The 50-day simple moving average is a key technical indicator for determining support or resistance levels [1] Performance Metrics - NLY has experienced a rally of 10.1% over the past four weeks, suggesting upward momentum [2] - The company currently holds a Zacks Rank of 2 (Buy), indicating favorable market sentiment [2] Earnings Estimates - There have been three upward revisions in earnings estimates for the current fiscal year, with no downward revisions in the past two months [2] - The consensus estimate for NLY has also increased, reinforcing the bullish outlook [2] Investment Consideration - Investors are encouraged to add NLY to their watchlist due to its strong technical indicators and positive earnings revisions [3]

Core Insights - Stocks typically face challenges in May, making it difficult to select top momentum stocks, but the Richard Driehaus strategy, which advocates "buy high and sell higher," can be applied to identify potential picks [1][2] Driehaus Strategy Overview - Richard Driehaus emphasized a preference for investing in stocks that are increasing in price rather than those in decline, which aligns with the philosophy of the American Association of Individual Investors (AAII) that uses the percentage 50-day moving average as a key criterion [2][4] - The strategy incorporates a calculation that compares the month-end price to the 50-day moving average, along with a positive relative strength indicator, to identify stocks in an uptrend [3][4] Screening Parameters - The strategy focuses on stocks with a Zacks Rank of 1 (Strong Buy) and a Momentum Score of A or B, which historically have shown better upside potential [5][6] - Key screening parameters include: - Last 5-year average EPS growth rates above 2% to ensure improving business performance [7] - Trailing 12-month EPS growth greater than 0 and above the industry median, indicating superior earnings performance [7] - Last four-quarter average EPS surprise greater than 5%, suggesting better price performance [7] - Positive percentage change in the 50-day moving average and relative strength over 4 weeks, signaling an uptrend [7][8] Selected Momentum Stocks - Nomad Foods Limited (NOMD) produces and distributes frozen food products globally, with a Momentum Score of A and an average trailing four-quarter earnings surprise of 5% [9] - Hawkins, Inc. (HWKN) is a U.S. specialty chemical and ingredients company, holding a Momentum Score of B and an average trailing four-quarter earnings surprise of 6.1% [10] - PCB Bancorp (PCB) provides banking services to small businesses and individuals, with a Momentum Score of A and an average trailing four-quarter earnings surprise of 7.4% [11]