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Why PDC Energy (PDCE) Could Be a Potential Winner

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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 PDC Energy, Inc.PDCE . This Oil - Exploration & Production stock has actually seen estimates improve over the past month for the current fiscal year by about 35.7%. But that is not yet reflected in its price, as the stock gained only 2.4% over the same time frame.

PDC ENERGY INC Price and Consensus

PDC ENERGY INC Price and Consensus | PDC ENERGY INC Quote

You should not be concerned about the price remaining muted going forward. This year's expected earnings growth over the prior year is 85.1%, which should ultimately translate into price appreciation.

And if this isn't enough, PDCE 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 ).

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 PDC Energy. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for PDCE and that now might be an interesting buying opportunity.

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PDC ENERGY INC (PDCE): 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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