It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. Many times, stocks are off investors’ radar screens for a reason, though there are some hidden gems that could be worth uncovering by those with a high risk tolerance.
One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Pzena Investment Management, Inc. . This Financial - Investment Management stock has actually seen estimates rise over the past month for the current fiscal year by about 4.8%. But that is not yet reflected in its price, as the stock gained only 2.7% over the same time frame.
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 25%, which should ultimately translate into price appreciation.
And if this isn’t enough, PZN currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).You can see the complete list of today’s Zacks #1 Rank stocks here.
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Pzena Investment Management. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for PZN and that now might be an interesting buying opportunity.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
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Why Pzena Investment Management (PZN) Could Be a Potential Winner
It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. Many times, stocks are off investors’ radar screens for a reason, though there are some hidden gems that could be worth uncovering by those with a high risk tolerance.
One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Pzena Investment Management, Inc. . This Financial - Investment Management stock has actually seen estimates rise over the past month for the current fiscal year by about 4.8%. But that is not yet reflected in its price, as the stock gained only 2.7% over the same time frame.
Pzena Investment Management Inc Price and Consensus
Pzena Investment Management Inc Price and Consensus | Pzena Investment Management Inc Quote
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 25%, which should ultimately translate into price appreciation.
And if this isn’t enough, PZN currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).You can see the complete list of today’s Zacks #1 Rank stocks here.
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Pzena Investment Management. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for PZN and that now might be an interesting buying opportunity.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>