One company that should be on your radar is Kerry Group plc (
). The stock of this producer of technology based ingredients and
flavors has seen its Zacks Rank surge over the past four weeks,
moving from Sell 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 KRYAY's full year
estimate, we have seen 1 estimate go higher in the past 30 days,
compared to no estimates going down. This trend has helped the
consensus estimate to trend higher, going from $3.40 a share a
month ago to its current level at $3.50.
This positive shift in estimates has made some investors take
notice and buy the stock. In fact, KRYAY has seen some pretty solid
trading lately, as the company has moved higher by 12.41% in the
If Kerry Group 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
KRYAY on your watch list for the future.
Other top-ranked stocks worth considering in this space include
Tyson Foods Inc (
), Unilever Plc (
) and Diamond Foods Inc (
). Tyson Foods carries a Zacks Rank #1 (Strong Buy) while both
Unilever and Diamond Foods carry a Zacks Rank #2 (Buy).
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DIAMOND FOODS (DMND): Free Stock Analysis
KERRY GROUP PLC (KRYAY): Get Free Report
TYSON FOODS A (TSN): Free Stock Analysis Report
UNILEVER PLC (UL): Free Stock Analysis Report
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