Group 1 - Canadian Natural Resources (CNQ) reported quarterly earnings of $0.81 per share, exceeding the Zacks Consensus Estimate of $0.73 per share, and up from $0.51 per share a year ago, representing an earnings surprise of 10.96% [1] - The company posted revenues of $7.62 billion for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 12.04%, compared to year-ago revenues of $6.12 billion [2] - Over the last four quarters, Canadian Natural Resources has surpassed consensus EPS estimates three times and topped consensus revenue estimates four times [2] Group 2 - The stock has underperformed the market, losing about 6.8% since the beginning of the year, compared to the S&P 500's decline of 4.3% [3] - The current consensus EPS estimate for the coming quarter is $0.47 on revenues of $6.07 billion, and for the current fiscal year, it is $2.53 on revenues of $26.47 billion [7] - The Zacks Industry Rank for Oil and Gas - Exploration and Production - Canadian is in the top 38% of over 250 Zacks industries, indicating a favorable outlook compared to the bottom 50% [8]

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires solid fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - Golar LNG (GLNG) has shown a solid price increase of 4.2% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - Over the last four weeks, GLNG's price has increased by 26%, suggesting that the upward trend is still intact [5]. - Currently, GLNG is trading at 90.8% of its 52-week high-low range, indicating a potential breakout [6]. Group 2: Fundamental Strength - GLNG 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][7]. - The Average Broker Recommendation for GLNG is also 1 (Strong Buy), reflecting strong optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks like GLNG that have sufficient fundamental strength to sustain their recent uptrends [3][8]. - The article suggests that investors should consider other stocks that pass through this screening process, as there are multiple options available that fit the criteria for potential investment [8].