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SodaStream International (SODA) Shares March Higher, Can It Continue?

Zacks Equity Research
Raymond James (RJF) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

As of late, it has definitely been a great time to be an investor in SodaStream International Ltd. SODA. The stock has moved higher by 18.8% 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 SODA’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as SODA 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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SodaStream International Ltd. (SODA) : Free Stock Analysis Report
 
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