Star Bulk Carriers (SBLK) 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 for profitable short-term investing, highlighting the utility of a "Recent Price Strength" screen to identify stocks with strong fundamentals and upward momentum. Group 1: Stock Performance - Star Bulk Carriers (SBLK) has shown a solid price increase of 17.8% over the past 12 weeks, indicating investor confidence in its potential upside [2] - In the last four weeks, SBLK's price has increased by 11.2%, suggesting that the upward trend is still intact [2] - SBLK is currently trading at 95.8% of its 52-week High-Low Range, indicating a potential breakout [2] Group 2: Fundamental Strength - SBLK 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 [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 SBLK is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3] Group 3: Investment Strategy - The article suggests that SBLK is a strong candidate for trend investors and encourages exploring other stocks that meet the "Recent Price Strength" criteria [4] - It mentions the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [4] - The Zacks Research Wizard tool allows backtesting of stock-picking strategies to ensure past profitability [4]