Markets
TAT

Why TransAtlantic Petroleum (TAT) Might Be a Diamond in the Rough - Tale of the Tape

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 TransAtlantic Petroleum Ltd. ( TAT ). This Integrated Oil stock has actually seen estimates rise over the past month for the current fiscal year by about 71.4%. But that is not yet reflected in its price, as the stock lost 3.1% over the same 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 57.9%, which should ultimately translate into price appreciation.

And if this isn't enough, TAT 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 TransAtlantic Petroleum. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for TAT and that now might be an interesting buying opportunity.

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 >>

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

TRANSATL PETROL (TAT): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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.

In This Story

TAT

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More