One stock that might be an intriguing choice for investors right
). This is because this security in the Residential Construction
industry space is seeing solid earnings estimate revision activity,
and is in great company from a Zacks Industry Rank perspective.
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 Residential Construction industry
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 there.
Meanwhile, KB Home 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 long term.
In fact, over the past month, current quarter estimates have risen
from 0.06 cents per share to 0.07 cents per share, while current
year estimates have risen from $1.17 per share to $1.21 per share.
The company currently carries a Zacks Rank #3 (Hold), which is also
a favorable signal.
So, if you are looking for a decent pick in a strong industry,
consider KB Home. 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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