Prudential (PUK) is on the Move, Here's Why the Trend Could be Sustainable
Werte in diesem Artikel
When it comes to short-term investing or trading, they say "the trend is your friend." And there's no denying that this is the most profitable strategy. But making sure of the sustainability of a trend to profit from it is easier said than done.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock alive.Investors looking to make a profit from stocks that are currently on the move may find our "Recent Price Strength" screen pretty useful. This predefined screen comes handy in spotting stocks that are on an uptrend backed by strength in their fundamentals, and trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.Prudential (PUK) is one of the several suitable candidates that passed through the screen. Here are the key reasons why it could be a profitable bet for "trend" investors.A solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. PUK is quite a good fit in this regard, gaining 15% over this period.However, it's not enough to look at the price change for around three months, as it doesn't reflect any trend reversal that might have happened in a shorter time frame. It's important for a potential winner to maintain the price trend. A price increase of 0.1% over the past four weeks ensures that the trend is still in place for the stock of this insurer.Moreover, PUK is currently trading at 95.3% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout.Looking at the fundamentals, the stock currently carries a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises -- the key factors that impact a stock's near-term price movements.The Zacks Rank stock-rating system, which uses four factors related to earnings estimates to classify stocks into five groups, ranging from Zacks Rank #1 (Strong Buy) to Zacks Rank #5 (Strong Sell), has an impressive externally-audited track record, with Zacks Rank #1 stocks generating an average annual return of +25% since 1988. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>Another factor that confirms the company's fundamental strength is its Average Broker Recommendation of #1 (Strong Buy). This indicates that the brokerage community is highly optimistic about the stock's near-term price performance.So, the price trend in PUK may not reverse anytime soon.In addition to PUK, there are several other stocks that currently pass through our "Recent Price Strength" screen. You may consider investing in them and start looking for the newest stocks that fit these criteria.This is not the only screen that could help you find your next winning stock pick. Based on your personal investing style, you may choose from over 45 Zacks Premium Screens that are strategically created to beat the market. However, keep in mind that the key to a successful stock-picking strategy is to ensure that it produced profitable results in the past. You could easily do that with the help of the Zacks Research Wizard. In addition to allowing you to backtest the effectiveness of your strategy, the program comes loaded with some of our most successful stock-picking strategies.Click here to sign up for a free trial to the Research Wizard today.Higher. Faster. Sooner. Buy These Stocks NowA small number of stocks are primed for a breakout, and you have a chance to get in before they take off.At any given time, there are only 220 Zacks Rank #1 Strong Buys. On average, this list more than doubles the S&P 500. We’ve combed through the latest Strong Buys and selected 7 compelling companies likely to jump sooner and climb higher than any other stock you could buy this month.You'll learn everything you need to know about these exciting trades in our brand-new Special Report, 7 Best Stocks for the Next 30 Days.Download the report free now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Prudential Public Limited Company (PUK): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks
Ausgewählte Hebelprodukte auf :be
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf :be
Der Hebel muss zwischen 2 und 20 liegen
Name | Hebel | KO | Emittent |
---|
Name | Hebel | KO | Emittent |
---|
Quelle: Zacks
Nachrichten zu Prudential plc
Analysen zu Prudential plc
Datum | Rating | Analyst | |
---|---|---|---|
05.08.2024 | Prudential Hold | Deutsche Bank AG | |
12.09.2023 | Prudential Buy | UBS AG | |
04.04.2023 | Prudential Buy | Jefferies & Company Inc. | |
21.03.2023 | Prudential Overweight | JP Morgan Chase & Co. | |
06.03.2023 | Prudential Buy | UBS AG |
Datum | Rating | Analyst | |
---|---|---|---|
12.09.2023 | Prudential Buy | UBS AG | |
04.04.2023 | Prudential Buy | Jefferies & Company Inc. | |
21.03.2023 | Prudential Overweight | JP Morgan Chase & Co. | |
06.03.2023 | Prudential Buy | UBS AG | |
26.01.2023 | Prudential Overweight | JP Morgan Chase & Co. |
Datum | Rating | Analyst | |
---|---|---|---|
05.08.2024 | Prudential Hold | Deutsche Bank AG | |
08.09.2021 | Prudential Neutral | JP Morgan Chase & Co. | |
11.08.2021 | Prudential Neutral | JP Morgan Chase & Co. | |
30.06.2021 | Prudential Neutral | JP Morgan Chase & Co. | |
13.05.2021 | Prudential Neutral | JP Morgan Chase & Co. |
Datum | Rating | Analyst | |
---|---|---|---|
31.10.2019 | Prudential Sell | Société Générale Group S.A. (SG) | |
15.03.2017 | Prudential Underweight | JP Morgan Chase & Co. | |
21.02.2017 | Prudential Underweight | JP Morgan Chase & Co. | |
05.01.2017 | Prudential Underweight | JP Morgan Chase & Co. | |
06.09.2016 | Prudential Underweight | JP Morgan Chase & Co. |
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Prudential plc nach folgenden Kriterien zu filtern.
Alle: Alle Empfehlungen