Mission Produce (AVO) is on the Move, Here's Why the Trend Could be Sustainable

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends through strong fundamentals and positive earnings estimates to ensure profitable trading opportunities. Group 1: Stock Performance - Mission Produce, Inc. (AVO) has shown a price increase of 10.4% over the past four weeks, indicating that the upward trend is still intact [3] - AVO has gained 12.4% over the past 12 weeks, reflecting continued investor interest and willingness to pay more for potential upside [7] - AVO is currently trading at 84.9% of its 52-week high-low range, suggesting it may be on the verge of a breakout [8] Group 2: Stock Ratings and Recommendations - 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 [8] - The Average Broker Recommendation for AVO is also 1 (Strong Buy), indicating high optimism from the brokerage community regarding its near-term price performance [9] Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like AVO that are on an uptrend supported by strong fundamentals [2] - The Zacks Rank stock-rating system has a proven track record, with Zacks Rank 1 stocks generating an average annual return of +25% since 1988 [4]