U.S. markets open in 1 hour 47 minutes
  • S&P Futures

    3,215.00
    -23.00 (-0.71%)
     
  • Dow Futures

    26,497.00
    -218.00 (-0.82%)
     
  • Nasdaq Futures

    10,843.25
    -48.50 (-0.45%)
     
  • Russell 2000 Futures

    1,433.40
    -13.60 (-0.94%)
     
  • Crude Oil

    39.86
    -0.45 (-1.12%)
     
  • Gold

    1,861.90
    -15.00 (-0.80%)
     
  • Silver

    22.83
    -0.36 (-1.56%)
     
  • EUR/USD

    1.1643
    -0.0033 (-0.28%)
     
  • 10-Yr Bond

    0.6660
    0.0000 (0.00%)
     
  • Vix

    29.79
    +1.21 (+4.23%)
     
  • GBP/USD

    1.2738
    -0.0013 (-0.11%)
     
  • USD/JPY

    105.4300
    +0.0280 (+0.03%)
     
  • BTC-USD

    10,635.51
    -125.08 (-1.16%)
     
  • CMC Crypto 200

    216.79
    +7.85 (+3.76%)
     
  • FTSE 100

    5,787.22
    -35.56 (-0.61%)
     
  • Nikkei 225

    23,204.62
    +116.80 (+0.51%)
     

El Pollo Loco's Shares March Higher, Can It Continue?

Zacks Equity Research

As of late, it has definitely been a great time to be an investor in El Pollo Loco Holdings, Inc. LOCO. The stock has moved higher by 32.5% 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 LOCO’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as LOCO has earned itself a Zacks Rank #2 (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.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


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
 
El Pollo Loco Holdings, Inc. (LOCO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research