BELO CORP (BLC): Free Stock Analysis ReportNEW ORIENTAL ED (EDU): Free Stock Analysis ReportLA-Z-BOY INC (LZB): Free Stock Analysis ReportSTURM RUGER&CO (RGR): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research
One company that should be on your radar is La-Z-Boy Incorporated ( LZB ). The stock of this home furnishings and fixtures company has seen its Zacks Rank surge over the past four weeks, moving from Neutral territory to its current position as a Strong Buy.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For LZB's full year estimate, we have seen 4 estimates go higher in the past 30 days, compared to none moving lower. This trend has helped the consensus estimate to trend higher, going from $1.18 a share a month ago to its current level at $1.25.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, LZB has seen some pretty solid trading lately, as the company has moved higher by 20.4% in the past month.
If La-Z-Boy Incorporated 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 LZB on your watch list for the future.
Other top-ranked stocks worth considering in this space include Belo Corp. ( BLC ), New Oriental Education & Technology Group Inc. ( EDU ), and Sturm, Ruger & Co. Inc. ( RGR ). All these carry a Zacks Rank #1 (Strong Buy).
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