Please contact us at POWER Project Team for additional information on sending reference material. It also helps us to assess our value to the community. This will help us determine the use of data that we distribute, which is helpful in optimizing product development. Reprints Please: The POWER Project kindly requests a reference, web link and/or a reprint of any published papers or reports or a brief description of other uses (e.g., posters, oral presentations, etc.) of data products that we have distributed. "These data were obtained from the NASA Langley Research Center (LaRC) POWER Project funded through the NASA Earth Science/Applied Science Program." To read this article on click here.Use of POWER Data: When POWER data products are used in a publication, we request the following acknowledgment be included: Click to get this free reportįlux Power Holdings, Inc. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Ĭlick here to sign up for a free trial to the Research Wizard today. You could easily do that with the help of the Zacks Research Wizard. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market. This is not the only screen that could help you find your next winning stock pick. You may consider investing in them and start looking for the newest stocks that fit these criteria. In addition to FLUX, there are several other stocks that currently pass through our "Recent Price Strength" screen. So, the price trend in FLUX may not reverse anytime soon. This indicates that the brokerage community is highly optimistic about the stock's near-term price performance. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >Īnother factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises - the key factors that impact a stock's near-term price movements. Moreover, FLUX is currently trading at 83.3% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. A price increase of 7.6% over the past four weeks ensures that the trend is still in place for the stock of this company. It's important for a potential winner to maintain the price trend. However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. FLUX is quite a good fit in this regard, gaining 25.5% over this period. Here are the key reasons why this stock is a solid choice for "trend" investing.Ī solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. There are several stocks that passed through the screen and Flux Power Holdings, Inc. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness. Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. that could keep the momentum in the stock going. So, it's important to ensure that there are enough factors - such as sound fundamentals, positive earnings estimate revisions, etc. Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. But it isn't easy to ensure the sustainability of a trend and profit from it. Most of us have heard the dictum "the trend is your friend." And this is undeniably the key to success when it comes to short-term investing or trading.
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