One stock that might be an intriguing choice for investors
right now is
Navios Maritime Holdings Inc.
). This is because this security in the shipping space is seeing
solid earnings estimate revision activity, and is in great
company from a Zacks Industry Rank perspective.
NAVIOS MARI HLD (NM): Free Stock Analysis
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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 shipping space as it
currently has a Zacks Industry Rank of 32 out of more than 250
industries, suggesting it is well-positioned from this
perspective, especially when compared to other segments out
Meanwhile, Navios Maritime Holdings 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.
In fact, over the past month, current quarter estimates have
narrowed from a loss of 5 cents per share to a loss of 1 cent per
share, while current year estimates have narrowed from a loss of
41 cents per share to a loss of 38 cents per share. NM currently
holds a Zacks Rank #3 (Hold), which is a favorable signal.
So, if you are looking for a decent pick in a strong industry,
consider Navios Maritime Holdings. 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
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