One company that should be on your radar is Ciber, Inc. ( CBR ). The stock of this IT services privider has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Buy.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For CBR'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 22 cents a share a month ago to its current level at 24 cents.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, CBR has seen some pretty solid trading lately, as the company has moved higher by 26.4% in the past month.
If Ciber 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 CBR on your watch list for the future.
Other top-ranked stocks worth considering in this space include Carbonite, Inc.
), Computer Sciences Corporation
), and LogMeIn, Inc.
). While Carbonite carries a Zacks Rank #1 (Strong Buy), Computer Sciences and LogMeIn hold a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.Click to get this free report >>CARBONITE INC (CARB): Free Stock Analysis ReportCIBER INC (CBR): Free Stock Analysis ReportCOMP SCIENCE (CSC): Free Stock Analysis ReportLOGMEIN INC (LOGM): Free Stock Analysis ReportTo read this article on Zacks.com click here.