Surging Rank, Surging Stock; Why Fidelity National (FNF) Is a winner

One company that should be on your radar is Fidelity National Financial, Inc. (FNF). The stock of this Property and Casualty Insurance industry has seen its Zacks Rank surge over the past four weeks, moving from Hold 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 FNF’s current quarter estimate, we have not seen any estimate revision in the past 30. However, the consensus estimate trended higher, increasing from 34 cents a share a month ago to its current level at 36 cents a share.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, FNF has seen some pretty solid trading lately, as the company has moved higher by 12.9% in the past month.

If Fidelity National 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 FNF on your watch list for the future.

Other top-ranked stocks worth considering in this space include HCI Group, Inc. (HCI), Allied World Assurance Company Holdings, AG (AWH) and Aspen Insurance Holdings Ltd. (AHL). All these carry a Zacks Rank #1(Strong Buy).

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