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Why Carrols Restaurant Group (TAST) Could Be a Potential Winner

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 Carrols Restaurant Group, Inc.TAST . This Retail - Restaurants stock has actually seen estimates rise over the past two months for the current fiscal year by about 50%. But that is not yet reflected in its price, as the stock has lost nearly 5.9% over the past one month time frame.

You should not be concerned about the price remaining muted going forward. This year's expected earnings growth over the prior year is 54.8%, which should ultimately translate into price appreciation.

And if this isn't enough, TAST currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance ).

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 Carrols Restaurant. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for TAST and that now might be an interesting buying opportunity.

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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

CARROLS RESTRNT (TAST): Free Stock Analysis Report

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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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