Neuberger Berman Next Generation Connectivity Fund Inc (NYSE:NBXG) – A CANSLIM Candidate with Strong Growth and Momentum

Neuberger Berman Next Generation Connectivity Fund Inc (NYSE:NBXG) was identified by our CANSLIM stock screener as a potential candidate for growth-focused investors. The fund demonstrates strong earnings growth, solid relative strength, and favorable technical trends, aligning with key CANSLIM principles.

Why NBXG Fits the CANSLIM Strategy

• Earnings Growth: NBXG reported a 240.4% year-over-year EPS increase in the latest quarter, far exceeding the CANSLIM minimum threshold of 20%. Revenue growth was also strong at 26.4%.
• Annual Earnings Growth: The fund’s 3-year EPS growth stands at 41.9%, well above the 25% benchmark.
• Relative Strength: With a ChartMill Relative Strength score of 80.4, NBXG outperforms 80% of the market, a key trait for CANSLIM stocks.
• Institutional Sponsorship: Institutional ownership is at 39.5%, below the 85% threshold, suggesting room for further institutional accumulation.
• Debt-Free Balance Sheet: A debt-to-equity ratio of 0 indicates financial stability, aligning with CANSLIM’s preference for low debt.

Technical Outlook

NBXG’s technical rating of 9/10 reflects a strong uptrend, trading near its 52-week high. The stock is consolidating with clear support levels, presenting a potential entry point. A recent pocket pivot signal further reinforces bullish momentum.

For a deeper look, review the full technical analysis report and fundamental analysis report.

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Disclaimer

This is not investment advice. Always conduct your own research before making investment decisions.