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Market Has Not Yet Noticed Potential in Halliburton Company (HAL); Have You?

It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.

So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.

One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Halliburton CompanyHAL . This Oil and Gas - Field Servicesstock has actually seen estimates rise over the past month for the current fiscal year by about 18.1%. But that is not yet reflected in its price, as the stock gained 0.61% over the same time frame.

Halliburton Company Price and Consensus

Halliburton Company Price and Consensus | Halliburton Company Quote

You should not be concerned about the price remaining muted going forward. This year's significant expected earnings growth over the prior year should ultimately translate into price appreciation.

And if this isn't enough, HAL currently carries a Zacks Rank #2 (Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance ). You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Halliburton. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for HAL and that now might be an interesting buying opportunity.

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Halliburton Company (HAL): Free Stock Analysis Report

To read this article on Zacks.com click here.

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


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

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