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Stock impact report

5 Stocks With Recent Price Strength to Tap Market Rally [Yahoo! Finance]

Ponce Financial Group, Inc. (PDLB) 
US:NASDAQ Investor Relations: poncebank.gcs-web.com
Company Research Source: Yahoo! Finance
The broad-market index – the S&P 500 – recorded four consecutive months of positive closing. Consequently, several stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. Such stocks have a high chance of carrying the momentum forward. If a stock is continuously witnessing an uptrend, there must be a solid reason or it would have probably crashed. So, looking at stocks capable of beating the benchmark that they have set for themselves seems rational. However, recent price strength alone cannot create magic. Therefore, other relevant parameters are needed to create a successful investment strategy. Here's how you should create the screen to shortlist the current as well as the potential winners. Screening Parameters: Percentage Change in Price (4 Weeks) greater than zero: This criterion shows that the stock has moved higher in the last four weeks. Percentage Change Price (12 Weeks) greater than 10: This indicates that the Show less Read more
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