One company that should be on your radar is Towers Watson & Co. (TW). The stock of this professional service company that provides human capital and financial consulting services worldwide has seen its Zacks Rank surge over the past four weeks, moving from Sell territory to its current position as a Strong Buy.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For TW’s full year estimate, we have seen 1 estimate go higher in the past 30 days, while 1 estimate was also revised downward the same time frame. Nonetheless, the trend has helped the consensus estimate to trend higher, increasing from $5.64 per share a month ago to its current level of $5.68.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, TW has seen some pretty solid trading lately, as the company has moved higher by 10.3% in the past month.
If Towers Watson can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put TW on your watch list for the future.
Other top-ranked stocks worth considering in this space include CoreLogic, Inc. (CLGX), Stantec Inc. (STN) and CBIZ, Inc. (CBZ). CoreLogic and Stantec carry a Zacks Rank #1 (Strong Buy), while CBIZ carries a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
TOWERS WATSON & CO (TW): Free Stock Analysis Report
CORELOGIC INC (CLGX): Free Stock Analysis Report
STANTEC INC (STN): Free Stock Analysis Report
CBIZ INC (CBZ): Free Stock Analysis Report
Zacks Investment Research
- Personal Investing Ideas & Strategies
- Finance Trading