From Nasdaq: 2025-05-15 08:50:00

In short-term investing, timing is crucial for success. Ensuring a trend’s sustainability is challenging as stock prices can reverse quickly, leading to losses. A “Recent Price Strength” screen can help identify stocks on an uptrend with strong fundamentals, like Alibaba (BABA), which has shown consistent growth and potential for breakout.

BABA’s price has increased by 6.6% over 12 weeks and 25.6% in the past four weeks, indicating a sustained upward trend. With a Zacks Rank #2 and positive analyst recommendations, BABA is poised for continued growth. Investors can explore other stocks meeting similar criteria for potential profits.

Zacks Rank #1 stocks have historically generated an average annual return of +25%, highlighting the effectiveness of the stock-rating system. BABA’s strong fundamentals and positive market sentiment support its growth potential. Investors can leverage Zacks Premium Screens and Research Wizard to make informed investment decisions and potentially double their returns in 2024.

Discover five stocks with the potential to double in value by 2024, handpicked by Zacks experts for significant growth opportunities. These under-the-radar stocks present a unique chance to capitalize on upcoming market trends. Explore the latest stock recommendations and start building a profitable portfolio today.



Read more at Nasdaq: What Makes Alibaba (BABA) a Good Fit for ‘Trend Investing’