One company that should be on your radar is
Arris Enterprises, Inc.
). The stock of this communication equipment provider has seen
its Zacks Rank surge over the past four weeks, moving from Hold
territory to its current position as a Strong Buy.
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ARRIS GROUP INC (ARRS): Free Stock Analysis
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A key reason for this move has been the positive trend in the
earnings estimate revisions picture. For ARRS's full year
estimate, we have seen 1 estimate go higher in the past 30 days,
compared to no estimate moving lower. This trend has helped the
consensus estimate to trend higher, going from $1.35 a share a
month ago to its current level at $1.41.
This positive shift in estimates has made some investors take
notice and buy the stock. In fact, ARRS has seen some pretty
solid trading lately, as the company has moved higher by 24.3% in
the past month.
If ARRS 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
ARRS on your watch list for the future.
Other top-ranked stocks worth considering in this space include
). All these carry a Zacks Rank #1 (Strong Buy).
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