One stock that might be an intriguing choice for investors
right now is
First Majestic Silver Corp.
). This is because this security in the silver mining space is
seeing solid earnings estimate revision activity, and is in great
company from a Zacks Industry Rank perspective.
FIRST MAJESTIC (AG): Free Stock Analysis
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This is important because, often times, a rising tide will lift
all boats in an industry, as there can be broad trends taking
place in a segment that are boosting securities across the board.
This is arguably taking place in the silver mining space as it
currently has a Zacks Industry Rank of 69 out of more than 250
industries, suggesting it is well-positioned from this
perspective, especially when compared to other segments out
Meanwhile, First Majestic is actually looking pretty good on its
own too. The firm has seen solid earnings estimate revision
activity over the past month, suggesting analysts are becoming a
bit more bullish on the firm's prospects in both the short and
In fact, over the past month, current quarter estimates have
risen from 17 cents a share to 18 a share, while current year
estimates have risen from 59 cents per share to 62 cents per
share. This has helped AG to earn a Zacks Rank #3 (Hold), further
underscoring the company's solid position.
So, if you are looking for a decent pick in a strong industry,
consider First Majestic. Not only is its industry currently in
the top third, but it is seeing solid estimate revisions as of
late, suggesting it could be a very interesting choice for
investors seeking a name in this great industry segment.
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