This screen finds stocks in a strong uptrend, within 10% of their 52-week high and trading well above both their 50-day and 200-day moving averages, while requiring the fundamentals to back the move.

The profitability, growth, and balance-sheet criteria distinguish this from a pure price-based screen. They add fundamental context to the observed trend rather than relying on price action alone.

Momentum investing is built on the tendency of winning stocks to keep winning over the medium term. Rather than trying to catch a bottom, it buys into established strength on the evidence that trends persist more often than they reverse.

The obvious risk is timing, because momentum can reverse sharply, and a name near its high has less of a cushion if sentiment turns. Pairing the trend with fundamentals is an attempt to avoid chasing stories with nothing behind them.

A stock near its 52-week high is not automatically expensive, but it is worth checking. Run a fair-value estimate to understand how much of the good news is already in the price.

Because momentum is time-sensitive, revisit the screen regularly, since today's leaders and laggards can change quickly.