TravelZoo Inc. ($TZOO)TZOO has been showing strength recently as it pops up on our price breakout, and pivot scanners. We have seen it there three times in the last 2 weeks. With volume supporting the price raises and OBV making new highs, this stock is worth a closer look.
As far as the trend of the growth, it appears sales and earnings are expected to continue higher for $TZOO
One thing that is not as concerting is the fact that margins are not at historical highs. This is one thing that I like to see in stocks and seems to be lacking.
$TZOO has shown strength daily, but also weekly. The weekly chart shows a very strong uptrend without too many bases. Currently we have a leg up, a large base, another leg up, and a small consolidation just recently. Too many bases can lead to disaster upon breakout. Since there seems to be no climax runs or late stage breakouts, watch this stock over earnings season has it has some of the ingredients for a successful stock. In our rankings for top stocks recently (done over the weekend), it was one of the top five stocks. Keep this on your radar.
Positions: CASC, IEC, PLPC, MIPS, TDSC
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