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5 Stocks With Recent Price Strength to Maximize Your Gains

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Key Takeaways

  • RFIL has surged 31.1% in 4 weeks with earnings projected to grow over 100% this fiscal year.
  • ESEA gained 15.7% recently and its earnings estimate rose 2.8% in the last seven days.
  • ORINY earnings are set to grow 30.2% this year with a 26.2% forecast upgrade in 30 days.

Wall Street has been maintaining its bull run in July although at a slow pace. However, the broad-market index — the S&P 500 and the tech-heavy Nasdaq Composite — have been posting several all-time and closing highs in the second half of this year. The blue-chip Dow 

Market participants’ confidence in risky assets like equities have boosted following positive developments on tariff and trade negotiations. The Fed also indicated two more cuts in the benchmark lending rate in the second half of this year.

Consequently, very few 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.

Five such stocks are — RF Industries Ltd. (RFIL - Free Report) , Euroseas Ltd. (ESEA - Free Report) , Orion Oyj (ORINY - Free Report) , Accel Entertainment Inc. (ACEL - Free Report) and Shinhan Financial Group Co. Ltd. (SHG - Free Report) .

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 stock has seen momentum over the last three months. This lowers the risk of choosing stocks that may have drawn attention due to the overwhelming performance of the overall market in a very short period. 

Zacks Rank 1: No matter whether market conditions are good or bad, stocks with a Zacks Rank #1 (Strong Buy) have a proven history of outperformance. You can see the complete list of today’s Zacks #1 Rank stocks here.

Average Broker Rating 1: This indicates that brokers are also highly hopeful about the stock’s future performance. 

Current Price greater than 5: The stocks must all be trading at a minimum of $5.

Current Price/ 52-Week High-Low Range more than 85%: This criterion filters stocks that are trading near their respective 52-week highs. It indicates that these are strong enough in terms of price.

Just these few criteria narrowed down the search from over 7,700 stocks to just 6.

Let’s discuss five out of these 6 stocks here:

RF Industries designs, manufactures, and markets interconnect products and systems in the United States, Canada, Italy, China, the United Kingdom, and internationally. RFIL operates through two segments, RF Connector and Cable Assembly, and Custom Cabling Manufacturing and Assembly. 

RFIL designs, manufactures, and distributes various coaxial connectors and cable assemblies that are integrated with coaxial connectors, custom copper and fiber cable assemblies, complex hybrid fiber optic and power solution cables, adapters, and electromechanical wiring harnesses for communication, computer, LAN, automotive, and medical equipment.

The stock price of RF Industries has jumped 31.1% over the past four weeks. It has an expected earnings growth rate of more than 100% for the current year (ending October 2025). The Zacks Consensus Estimate for current-year earnings has improved 4.3% over the last 60 days.

Euroseas provides ocean-going transportation services worldwide. ESEA owns and operates containerships that transport dry and refrigerated containerized cargoes, including manufactured products and perishables. ESEA employs its vessels on spot and period charters and through pool arrangements.

The stock price of ESEA has climbed 15.7% over the past four weeks. The company has an expected earnings growth rate of 4% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 2.8% over the last seven days.

Orion is a pharmaceutical company. ORINY develops, manufactures and markets human and veterinary pharmaceuticals, active pharmaceutical ingredients and diagnostic tests. ORINY’s core therapy consists of central nervous system disorders, oncology and respiratory. Its product pipeline includes inhaled Easyhaler pulmonary drugs.

The stock price of Orion has appreciated 9.6% over the past four weeks. The company has an expected earnings growth rate of 30.2% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 26.2% over the last 30 days.

Accel Entertainment is a distributed gaming operator primarily in the United States. ACEL’s business consists of the installation, maintenance and operation of VGTs, redemption devices which disburse winnings and contain ATM functionality, other amusement devices in authorized non-casino locations such as restaurants, bars, taverns, convenience stores, liquor stores, truck stops and grocery stores. 

In addition, it operates casionos and stand-alone ATMs in gaming and non-gaming locations, as well as amusement devices, including jukeboxes, dartboards, pool tables, and other entertainment related equipment. 

The stock price of ACEL has advanced 8.9% over the past four weeks. The company has an expected earnings growth rate of -5.5% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 1.2% over the last 30 days.

Shinhan Financial Group is South Korea's largest financial services company. Shinhan Bank is SHG’s flagship subsidiary, and, when combined with the recently acquired Chohung Bank, is South Korea's second-largest banking operation. Besides banking, SHG operates subsidiaries in securities, credit cards, asset management, leasing, bancassurance, and project finance. 

The stock price of Shinhan Financial Group has gained 6.8% over the past four weeks. The company has an expected earnings growth rate of 21% for the current year. The Zacks Consensus Estimate for current-year earnings has improved 6.7% over the last seven days.

You can get the rest of the stocks on this list by signing up now for your 2-week free trial to the Research Wizard and start using this screen in your own trading. Further, you can also create your own strategies and test them first before taking the investment plunge.

The Research Wizard is a great place to begin. It's easy to use. Everything is in plain language. And it's very intuitive. Start your Research Wizard trial today. And the next time you read an economic report, open up the Research Wizard, plug your finds in, and see what gems come out.

Click here to sign up for a free trial to the Research Wizard today.

Disclosure: Officers, directors and/or employees of Zacks Investment Research may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material. An affiliated investment advisory firm may own or have sold short securities and/or hold long and/or short positions in options that are mentioned in this material.

Disclosure: Performance information for Zacks’ portfolios and strategies are available at: https://www.zacks.com/performance

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