Why Computer Sciences Corporation (CSC) Has A Bright Short-Term Future? - Tale of the Tape

By
A A A

One company that should be on your radar is Computer Sciences Corporation ( CSC ). The stock of this information technology (IT) and professional services provider 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 CSC's full year estimate, we have seen 9 estimates go higher in the past 30 days, compared to no downward revision. This trend has helped the consensus estimate to trend higher, going from $3.67 a share a month ago to its current level at $3.86.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, CSC has seen some pretty solid trading lately, as the company has moved higher by 14.6% in the past month.

If Computer Sciences Corporation 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 CSC on your watch list for the future.

Other top-ranked stocks worth considering in this space include Syntel, Inc. ( SYNT ), NCI, Inc. ( NCIT ), and LogMeIn, Inc. ( LOGM ). All these carry a Zacks Rank #2 (Buy).

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 >>

COMP SCIENCE (CSC): Free Stock Analysis Report

LOGMEIN INC (LOGM): Free Stock Analysis Report

NCI INC-CL A (NCIT): Free Stock Analysis Report

SYNTEL INC (SYNT): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research




The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: IT , CSC , LOGM , NCIT , SYNT

Zacks.com

Zacks.com

More from Zacks.com:

Related Videos

Stocks

Referenced

Most Active by Volume

33,974,386
  • $17.98 ▲ 0.28%
20,763,901
  • $91.29 ▲ 2.06%
19,110,793
  • $7.26 ▼ 1.22%
18,528,869
    $8.33 unch
18,014,920
  • $4.19 ▼ 1.18%
16,448,919
  • $25.83 ▼ 0.19%
14,748,190
  • $7.60 ▼ 1.43%
14,144,383
  • $112.01 ▼ 0.47%
As of 12/24/2014, 02:12 PM


Find a Credit Card

Select a credit card product by:
Select an offer:
Search
Data Provided by BankRate.com