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It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.
So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Methanex Corporation (MEOH - Free Report) . This Chemical – Diversified industry stock has actually seen estimates rise over the past month for the current fiscal year by about 25.4%. But that is not yet reflected in its price, as the stock lost 4.8 % 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 significantly high, which should ultimately translate into price appreciation.
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 Methanex. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for MEOH and that now might be an interesting buying opportunity.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
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Why Methanex (MEOH) Could Shock the Market Soon
It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.
So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Methanex Corporation (MEOH - Free Report) . This Chemical – Diversified industry stock has actually seen estimates rise over the past month for the current fiscal year by about 25.4%. But that is not yet reflected in its price, as the stock lost 4.8 % 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 significantly high, which should ultimately translate into price appreciation.
Methanex Corporation Price and Consensus
Methanex Corporation Price and Consensus | Methanex Corporation Quote
And if this isn’t enough, MEOH 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 (Strong Buy) 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 Methanex. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for MEOH and that now might be an interesting buying opportunity.
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>