Back to top

Tale of the Tape

One company that should be on your radar is Vulcan Materials Company (VMC - Analyst Report). The stock of this Building Materials provider has seen its Zacks Rank surge over the past four weeks, moving from Buy to its current position as a Strong Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For VMC’s full year estimate, we have seen 6 estimates go higher in the past 30 days, and there has been no downward revision over the same time frame. This trend has helped the consensus estimate to trend higher, going from 55 cents a share a month ago to its current level at 71 cents.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, VMC has seen some pretty solid trading lately, as the company has moved higher by 10.8% in the past month.

If Vulcan Materials can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put VMC on your watch list for the future.

Other top-ranked stocks worth considering in this space include Anhui Conch Cement Co. Ltd. (AHCHY), CaesarStone Sdot-Yam Ltd. (CSTE) and USG Corporation (USG - Snapshot Report). While, Anhui Conch Cement and CaesarStone carry a Zacks Rank #1 (Strong Buy), USG Corporation holds a Zacks Rank #2 (Buy).

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 >>

Please login to Zacks.com or register to post a comment.