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Echo Logistics (ECHO) and ArcBest (ARCB) Are Aggressive Growth Stocks
Brian Bolan is our aggressive growth stock strategist here at Zacks Investment Research and he has two more names for your radar screen. The trucking sector has been hot lately and Brian gives us two more stocks in this space. The first is one that he recommended sometime back and was even a portfolio holding in Home Run Investor, a subscriber service that gives buy and sell alerts for growth stocks. Echo Logistics has a nice history of beating the number – at least in the three most recent reports and Brian speaks to oil prices coming in of late which could help margins. He shows us on the chart how the earnings estimate revisions have helped power the stock higher. The next one is ArcBest (ARCB - Free Report) and this one soared 40% the week of its recent earnings release. Brian looks at that number and the chart and wraps it up with a signature call from a trucker!
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>