What Makes Flotek Industries (FTK) a Good Fit for 'Trend Investing'

Core Viewpoint - The article emphasizes the importance of identifying and maintaining stock price trends for successful short-term investing, highlighting the utility of a specific screening strategy to find stocks with strong fundamentals and positive momentum [1][2]. Group 1: Stock Screening Strategy - The "Recent Price Strength" screen is designed to identify stocks with sufficient fundamental strength to sustain their recent upward trends, focusing on those trading in the upper portion of their 52-week high-low range, indicating bullishness [3]. - Flotek Industries (FTK) is highlighted as a candidate that passed the screening, showing a significant price increase of 91.3% over the past 12 weeks, reflecting investor confidence in its potential upside [4]. - FTK has also experienced a price increase of 65.5% over the last four weeks, confirming that the upward trend is still intact [5]. Group 2: Fundamental Analysis - FTK holds a Zacks Rank of 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises, which are critical for near-term price movements [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [7]. - The article suggests that the price trend for FTK is likely to continue without reversal in the near future, supported by its strong fundamentals [8].