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5 Stocks With Recent Price Strength Amid a Volatile October
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Key Takeaways
Vince Holding shares soared 93.2% in four weeks, while earnings estimates rose 12.1% over the past month.
Vera Bradley gained 64.5% in four weeks, with earnings estimates climbing 21.4% over the past month.
Forum Energy jumped 60.5% in four weeks, as earnings estimates improved 31.1% over the past month.
Volatility appeared on Wall Street in the first half of October after a better-than-expected September. Artificial intelligence (AI) stocks plummeted on concerns that massive funding for AI expenditure may not be sustainable.
Moreover, crude oil prices remain sharply elevated due to lingering geopolitical conflicts in the Middle East. Inflation metrics for September remained alarming. Wholesale inflation witnessed its highest gain since 2022 and consumer inflation remained significantly above the Fed’s 2% target level.
As a result, a few stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. These 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 probably have 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 five.
Let’s discuss these five stocks here:
Vince Holding offers a broad range of women's and men's ready-to-wear including its signature cashmere sweaters, leather jackets, luxe leggings, dresses, silk and woven tops, denim and footwear.
VNCE operates in two segments, Vince Wholesale and Vince Direct-to-Consumer. VNCE sells its products through its branded specialty retail stores, outlet stores, department stores, and specialty stores, as well as through its vince.com e-commerce platform.
The stock price of Vince Holding has soared 93.2% over the past four weeks. The company has an expected earnings growth rate of more than 100% for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 12.1% over the last 30 days.
Vera Bradley is a designer, producer, marketer and retailer of accessories for women. VRA’s products include handbags, accessories and travel and leisure items. VRA sells its products through two reportable segments Indirect and Direct.
VRA’s indirect business consists of the sale of Vera Bradley products to independent retailers in the United States as well as select national retailers and third-party e-commerce sites. VRA’s direct business consists of product sales through its full-price stores, its outlet stores, verabradley.com, and its annual outlet sale in Fort Wayne, Indiana.
The stock price of Vera Bradley has jumped 64.5% in the past four weeks. It has an expected earnings growth rate of 62.7% for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 21.4% over the last 30 days.
Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. FET designs and manufactures products and engages in aftermarket services, parts supply and related services that complement the Company's product offering.
The stock price of FET has climbed 60.5% in the past four weeks. It has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 31.1% over the last 30 days.
American Outdoor Brands is a provider of outdoor products and accessories, including hunting, fishing, camping, shooting and personal security and defense products, for rugged outdoor enthusiasts.
AOUT produces products under the Caldwell, Crimson Trace, Wheeler, Tipton, Frankford Arsenal, Lockdown, BOG, Hooyman, Smith & Wesson Accessories, M&P Accessories, Thompson/Center Arms Accessories, Performance Center Accessories, Schrade, Old Timer, Uncle Henry, Imperial, BUBBA, UST, LaserLyte, and MEAT! brands.
The stock price of AOUT has surged 40.3% over the past four weeks. The company has expected earnings growth of more than 100% for the current year (ending April 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 27.5% over the last 30 days.
Swire Pacific is one of Hong Kong's leading listed companies, with diversified interests in five operating divisions. SWRAY seeks to foster long-term, sustainable growth through active participation in management, underpinned by a strong financial base.
SWRAY is engaged in the property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, Taiwan, the rest of Asia, the United States, and internationally.
The stock price of SWRAY has gained 6.6% over the past four weeks. The company has expected earnings growth of 30.6% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 42.4% over the last 60 days.
View the Zacks #1 Rank List
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5 Stocks With Recent Price Strength Amid a Volatile October
Key Takeaways
Volatility appeared on Wall Street in the first half of October after a better-than-expected September. Artificial intelligence (AI) stocks plummeted on concerns that massive funding for AI expenditure may not be sustainable.
Moreover, crude oil prices remain sharply elevated due to lingering geopolitical conflicts in the Middle East. Inflation metrics for September remained alarming. Wholesale inflation witnessed its highest gain since 2022 and consumer inflation remained significantly above the Fed’s 2% target level.
As a result, a few stocks have shown price strength. We have primarily targeted stocks that have recently been on a bull run. These stocks have a high chance of carrying the momentum forward.
Five such stocks are — Vince Holding Corp. (VNCE - Free Report) , Vera Bradley Inc. (VRA - Free Report) , Forum Energy Technologies Inc. (FET - Free Report) , American Outdoor Brands Inc. (AOUT - Free Report) and Swire Pacific Ltd. (SWRAY - Free Report) .
If a stock is continuously witnessing an uptrend, there must be a solid reason, or it would probably have 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 five.
Let’s discuss these five stocks here:
Vince Holding offers a broad range of women's and men's ready-to-wear including its signature cashmere sweaters, leather jackets, luxe leggings, dresses, silk and woven tops, denim and footwear.
VNCE operates in two segments, Vince Wholesale and Vince Direct-to-Consumer. VNCE sells its products through its branded specialty retail stores, outlet stores, department stores, and specialty stores, as well as through its vince.com e-commerce platform.
The stock price of Vince Holding has soared 93.2% over the past four weeks. The company has an expected earnings growth rate of more than 100% for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 12.1% over the last 30 days.
Vera Bradley is a designer, producer, marketer and retailer of accessories for women. VRA’s products include handbags, accessories and travel and leisure items. VRA sells its products through two reportable segments Indirect and Direct.
VRA’s indirect business consists of the sale of Vera Bradley products to independent retailers in the United States as well as select national retailers and third-party e-commerce sites. VRA’s direct business consists of product sales through its full-price stores, its outlet stores, verabradley.com, and its annual outlet sale in Fort Wayne, Indiana.
The stock price of Vera Bradley has jumped 64.5% in the past four weeks. It has an expected earnings growth rate of 62.7% for the current year (ending January 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 21.4% over the last 30 days.
Forum Energy Technologies is a global oilfield products company, serving the subsea, drilling, completion, production and infrastructure sectors of the oil and natural gas industry. FET designs and manufactures products and engages in aftermarket services, parts supply and related services that complement the Company's product offering.
The stock price of FET has climbed 60.5% in the past four weeks. It has an expected earnings growth rate of more than 100% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 31.1% over the last 30 days.
American Outdoor Brands is a provider of outdoor products and accessories, including hunting, fishing, camping, shooting and personal security and defense products, for rugged outdoor enthusiasts.
AOUT produces products under the Caldwell, Crimson Trace, Wheeler, Tipton, Frankford Arsenal, Lockdown, BOG, Hooyman, Smith & Wesson Accessories, M&P Accessories, Thompson/Center Arms Accessories, Performance Center Accessories, Schrade, Old Timer, Uncle Henry, Imperial, BUBBA, UST, LaserLyte, and MEAT! brands.
The stock price of AOUT has surged 40.3% over the past four weeks. The company has expected earnings growth of more than 100% for the current year (ending April 2027). The Zacks Consensus Estimate for the current year’s earnings has improved 27.5% over the last 30 days.
Swire Pacific is one of Hong Kong's leading listed companies, with diversified interests in five operating divisions. SWRAY seeks to foster long-term, sustainable growth through active participation in management, underpinned by a strong financial base.
SWRAY is engaged in the property, aviation, beverages, marine, and trading and industrial businesses in Hong Kong, Mainland China, Taiwan, the rest of Asia, the United States, and internationally.
The stock price of SWRAY has gained 6.6% over the past four weeks. The company has expected earnings growth of 30.6% for the current year. The Zacks Consensus Estimate for the current year’s earnings has improved 42.4% over the last 60 days.