One stock that might be an intriguing choice for investors right
Kosmos Energy Ltd.
). This is because this security in the Oil & Gas 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 Oil & Gas space as it currently
has a Zacks Industry Rank of 70 out of more than 250 industries,
suggesting it is well-positioned from this perspective, especially
when compared to other segments out there.
Meanwhile, Kosmos Energy 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.
Over the past month, current quarter estimates have risen from 2
cents per share to 3 cents per share, while current year estimates
have narrowed from a loss of 25 cents per share to 24 cents per
share. The company currently holds a Zacks Rank #2 (Buy), which is
also a favorable signal.
So, if you are looking for a decent pick in a strong industry,
consider Kosmos Energy. 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.
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 >>
KOSMOS ENERGY (KOS): Free Stock Analysis Report
To read this article on Zacks.com click here.