Here's Why Momentum in Mission Produce (AVO) Should Keep going

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the utility of a "Recent Price Strength" screening strategy to find stocks with strong fundamentals and upward momentum [1]. Group 1: Stock Performance - Mission Produce, Inc. (AVO) has shown a solid price increase of 33.3% over the past 12 weeks, indicating strong investor interest [2]. - AVO has also maintained a price increase of 26.6% over the last four weeks, confirming that the upward trend is still intact [2]. - The stock is currently trading at 93.4% of its 52-week high-low range, suggesting it may be on the verge of a breakout [2]. Group 2: Fundamental Strength - AVO carries 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 [3]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988 [3]. - The Average Broker Recommendation for AVO is also 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that AVO is not the only stock that meets the criteria of the "Recent Price Strength" screen, encouraging investors to explore other stocks that fit this profile [4]. - It highlights the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help identify potential winning stocks [4]. - The Zacks Research Wizard tool allows backtesting of stock-picking strategies, enhancing the effectiveness of investment decisions [4].