Core Insights - An active investing strategy focuses on identifying breakout stocks that trade within specific price ranges, with investors selling when prices fall below the lower band and holding when they break above the upper band for potential gains [1] Breakout Stock Selection - To identify breakout stocks, it is essential to calculate support and resistance levels, where support is the lower bound and resistance is the upper bound of stock movements [2] - Demand for a stock is lowest at the support level, while traders are more inclined to buy at the resistance level, indicating potential breakout candidates [3] Validating Breakouts - A genuine breakout occurs when the previous resistance level becomes the new support level, which can be confirmed through long-term price trend analysis [5] - Correct identification of breakout stocks can lead to significant returns, even if initial prices seem unattractive [5] Screening Criteria - The screening criteria for breakout stocks include: - A percentage price change over four weeks between 10% and 20% [6] - Current Price / 52-Week High greater than or equal to 0.9 [6] - Zacks Rank less than or equal to 2 [6] - Beta for 60 months less than or equal to 2 [7] - Current price less than or equal to $20 [7] - These criteria narrow down the stock universe to 19 candidates, with South Atlantic Bancshares, Crexendo, and Hecla Mining being the top three [7] Company Profiles - **South Atlantic Bancshares**: Holding company for South Atlantic Bank, expected earnings growth rate of 55.7% for the current year, Zacks Rank 1 [8] - **Crexendo**: Provides cloud communication services, expected earnings growth rate of 26.9% for the current year, Zacks Rank 2 [9] - **Hecla Mining**: Engages in precious and base metals production, expected earnings growth rate of 245.5% for the current year, Zacks Rank 2 [10]

Core Insights - An active investing strategy focuses on identifying breakout stocks within a specific price range, with guidelines to sell if prices fall below the lower band and hold for gains if they exceed the upper band [1] - Selected breakout stocks for today include Sally Beauty Holdings, Inc. (SBH), Broadstone Net Lease, Inc. (BNL), and Opus Genetics, Inc. (IRD) [1] Breakout Stock Selection - Breakout stocks are identified by calculating support and resistance levels, where support is the lower bound and resistance is the upper bound of stock movements [2] - Demand is lowest at the support level, indicating traders are willing to sell, while at the resistance level, traders are inclined to buy [3] Genuine Breakout Criteria - A genuine breakout occurs when the previous resistance level becomes the new support level, validated by long-term price trends [5] - Correct identification of breakout stocks can lead to significant returns, even if initial prices seem unattractive [5] Screening Criteria - Stocks must show a percentage price change over four weeks between 10% and 20% [6] - Current price must be at least 90% of the 52-week high [6] - Stocks must have a Zacks Rank of 1 (Strong Buy) or 2 (Buy) to ensure historical outperformance [6] Selected Stocks Overview - **Sally Beauty Holdings, Inc. (SBH)**: Expected earnings growth of 8.9% for the year, currently holds a Zacks Rank 1 [9] - **Broadstone Net Lease, Inc. (BNL)**: Anticipated earnings growth of 3.5% for the current year, currently holds a Zacks Rank 2 [10] - **Opus Genetics, Inc. (IRD)**: Projected earnings growth of 74.4% for the year, currently holds a Zacks Rank 2 [11]