LIFE360 INC (NASDAQ:LIF) – A Strong Growth Stock Meeting Minervini’s Criteria

LIFE360 INC (NASDAQ:LIF) has been identified as a high-growth momentum stock that aligns with Mark Minervini’s Trend Template. The company, known for its family safety and location-sharing mobile applications, demonstrates strong technical and fundamental characteristics, making it a candidate for growth-focused investors.

Why LIF Fits the Minervini Trend Template

Minervini’s strategy focuses on stocks exhibiting strong uptrends with clear technical strength. LIF meets these criteria:

• Price Above Key Moving Averages: The stock is trading above its 50-day ($52.08), 150-day ($46.08), and 200-day ($44.73) moving averages, confirming a bullish trend.
• Rising Moving Averages: Both the 150-day and 200-day MAs are trending upward, reinforcing long-term strength.
• Relative Strength: With a ChartMill Relative Strength score of 96.9, LIF outperforms nearly 97% of all stocks, indicating strong momentum.
• Price Near 52-Week High: At $61.97, LIF is within 6% of its 52-week high ($65.79), a sign of sustained upward momentum.

High Growth Fundamentals

Beyond technical strength, LIF shows robust growth metrics:

• Earnings Growth: EPS growth (TTM) stands at 85%, with recent quarterly EPS growth at 136.8%. The company has beaten EPS estimates in three of the last four quarters, with an average beat of 151%.
• Revenue Growth: Revenue growth (TTM) is 21.99%, with recent quarterly sales growth at 32.47%. Analysts have revised next-year EPS estimates upward by 8.33% in the last three months.
• Profitability Improvement: The profit margin in the latest quarter was 4.22%, up from negative figures in prior years, indicating improving operational efficiency.
• Free Cash Flow Growth: FCF per share surged by 418% year-over-year, reflecting strong cash generation.

Technical Outlook

The ChartMill Technical Report assigns LIF a perfect technical rating of 10, highlighting its strong uptrend and consolidation pattern. Key takeaways:

• The stock is in a bullish flag formation, suggesting potential continuation.
• Support is found near $61.08, providing a clear stop-loss level.
• Resistance sits at $65.04, with a breakout potentially signaling further upside.

Our High Growth Momentum + Trend Template screener lists more stocks meeting these criteria.

Disclaimer

This is not investment advice. Always conduct your own research and consider risk management before making investment decisions.