John Bean Technologies' Shares March Higher, Can It Continue?
As of late, it has definitely been a great time to be an investor in John Bean Technologies Corporation JBT. The stock has moved higher by 2.3% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.
We certainly think that this might be the case, particularly if you consider JBT’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as JBT has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.
Zacks' Top 10 Stocks for 2019
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-holds for the year?
Who wouldn't? Our annual Top 10s have beaten the market with amazing regularity. In 2018, while the market dropped -5.2%, the portfolio scored well into double-digits overall with individual stocks rising as high as +61.5%. And from 2012-2017, while the market boomed +126.3, Zacks' Top 10s reached an even more sensational +181.9%.
Click to get this free report
John Bean Technologies Corporation (JBT): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research