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MasTec (MTZ) Is a Great Choice for 'Trend' Investors, Here's Why
ZACKSยท 2025-09-18 13:51
Core Viewpoint - The article emphasizes the importance of confirming the sustainability of a stock trend for successful short-term investing, highlighting the utility of a specific screening strategy to identify stocks with strong fundamentals and positive price momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to maintain their upward trend, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - MasTec (MTZ) is highlighted as a strong candidate for trend investing, having increased by 14.7% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - MTZ has also shown a price increase of 12.1% over the last four weeks, indicating that the upward trend is still intact, and it is currently trading at 94.8% of its 52-week high-low range, suggesting a potential breakout [5]. Group 2: Fundamental Strength - MTZ holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The Zacks Rank system has a proven track record, with Rank 1 stocks averaging an annual return of +25% since 1988, indicating the effectiveness of this ranking in identifying strong investment opportunities [7]. - The Average Broker Recommendation for MTZ is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Additional Opportunities - Besides MTZ, there are several other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting a broader opportunity for investors to explore [8]. - The article encourages investors to consider various Zacks Premium Screens tailored to different investing styles, which can help in identifying potential winning stocks [8].