As of late, it has definitely been a great time to be an investor in Conn's, Inc. CONN. The stock has moved higher by 31.1% in the past month, while it is also above its 20-day SMA too. This combination of strong price performance and favorable technical could suggest that the stock may be on the right path.
We certainly think that this might be the case, particularly if you consider CONN’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as CONN has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.
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You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.
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Conns, Inc. (CONN) : Free Stock Analysis Report
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