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Thermon Group (THR) is on the Move, Here's Why the Trend Could be Sustainable
ZACKS· 2026-02-10 14:56
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. Group 1: Stock Performance - Thermon Group (THR) has shown a solid price increase of 50.3% over the past 12 weeks, indicating strong investor interest and potential upside [4] - The stock has also increased by 25% over the last four weeks, suggesting that the upward trend is still intact [5] - THR is currently trading at 95.1% of its 52-week high-low range, indicating a potential breakout [5] Group 2: Fundamental Strength - THR 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 Zacks Rank 1 stocks averaging an annual return of +25% since 1988 [7] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like THR that are on an upward trend supported by strong fundamentals [3] - There are additional stocks that meet the criteria of the "Recent Price Strength" screen, providing further investment opportunities [8] - The Zacks Research Wizard can assist in backtesting stock-picking strategies to ensure past profitability [9]