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.

Moreover, AGM is currently trading at 83.9% of its 52-week High-Low Range, hinting that it can be on the verge of a breakout. A price increase of 6.2% over the past four weeks ensures that the trend is still in place for the stock of this rural real estate lender. It's important for a potential winner to maintain the price trend.

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. AGM is quite a good fit in this regard, gaining 10.2% over this period. Here are the key reasons why it could be a profitable bet for 'trend' investors.Ī solid price increase over a period of 12 weeks reflects investors' continued willingness to pay more for the potential upside in a stock. Also, the screen passes only the stocks that are trading in the upper portion of their 52-week high-low range, which is usually an indicator of bullishness.įederal Agricultural Mortgage (AGM) is one of the several suitable candidates that passed through the screen. This predefined screen makes it really easy to shortlist the stocks that have enough fundamental strength to maintain their recent uptrend. Our 'Recent Price Strength' screen, which is created on a unique short-term trading strategy, could be pretty useful in this regard.

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