We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
MAG Silver (MAG): An Off-the-Radar Potential Winner
Read MoreHide Full Article
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 MAG Silver Corp. (MAG - Free Report) . This Mining – Silver industry stock has actually seen estimates rise over the past month for the current fiscal year by about 11.1%. But that is not yet reflected in its price, as the stock lost 13.9% 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 66.7%, which should ultimately translate into price appreciation.
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 MAG Silver. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for MAG and that now might be an interesting buying opportunity.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
MAG Silver (MAG): An Off-the-Radar 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 MAG Silver Corp. (MAG - Free Report) . This Mining – Silver industry stock has actually seen estimates rise over the past month for the current fiscal year by about 11.1%. But that is not yet reflected in its price, as the stock lost 13.9% over the same time frame.
MAG SILVER CORP Price and Consensus
MAG SILVER CORP Price and Consensus | MAG SILVER CORP Quote
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 66.7%, which should ultimately translate into price appreciation.
And if this isn’t enough, MAG 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). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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 MAG Silver. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for MAG and that now might be an interesting buying opportunity.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest tickers for the entirety of 2017?
Who wouldn't? These 10 are painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. They are our primary picks to buy and hold. Be among the very first to see them >>