One company that should be on your radar is Stock Building Supply Holdings, Inc. (STCK). The stock of this industrial goods company 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 STCK’s full year estimate, we have seen 1 estimate go higher in the past 30 days, compared to no downward revision. This trend has helped the consensus estimate to trend higher, going from 61 cents a share a month ago to its current level at 66 cents.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, STCK has seen some pretty solid trading lately, as the company has moved higher by 11.9 % in the past month.
If STCK 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 STCK on your watch list for the future.
Other top-ranked stocks worth considering in this space include Travis Perkins plc (TVPKF), CaesarStone Sdot-Yam Ltd. (CSTE) and MRV Engenharia e Participa (MRVNY). All these stocks carry a Zacks Rank #1 (Strong Buy).
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STOCK BUILDING SUPPLY HOLDINGS I (STCK): Free Stock Analysis Report
TRAVIS PERKINS PLC (TVPKF): Free Stock Analysis Report
(CSTE): Free Stock Analysis Report
MRV ENG PARTICI ADR (MRVNY): Free Stock Analysis Report
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