Are you a technical investor? If so, it may be time to consider Cracker Barrel Old Country Store, Inc. (CBRL Quick QuoteCBRL - Free Report) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for CBRL.

This trend may have already begun, as shares of CBRL have moved by higher by 6.3% in just the past month. Plus, CBRL has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Cracker Barrel has plenty of life left.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. 

More bullishness may especially be the case when investors consider what has been happening for CBRL on the earnings estimate revision front lately. No estimate has gone lower in the past two months, compared to 3 higher, while the consensus estimate has also moved higher too.

So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future.

Zacks’ Best Private Investment Ideas

While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.

Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.Click here for Zacks' private trades >>