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Pioneer Natural Resources (PXD): An Off-the-Radar 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 Pioneer Natural Resources Company (PXD - Free Report) . This Oil and Gas - Exploration and Production - United Statesstock has actually seen estimates rise over the past month for the current fiscal year by about 57.6%. But that is not yet reflected in its price, as the stock gained 1.72% over the same time frame.
Pioneer Natural Resources Company Price and Consensus
You should not be concerned about the price remaining muted going forward. This year’s significant expected earnings growth over the prior year 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 Pioneer Natural Resources. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for PXD and that now might be an interesting buying opportunity.
A Full-Blown Technological Breakthrough in the Making
Zacks’ Aggressive Growth Strategist Brian Bolan explores autonomous cars in our latest Special Report, Driverless Cars: Your Roadmap to Mega-Profits Today. In addition to who will be selling them and how the auto industry will be impacted, Brian reveals 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>
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Pioneer Natural Resources (PXD): 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 Pioneer Natural Resources Company (PXD - Free Report) . This Oil and Gas - Exploration and Production - United Statesstock has actually seen estimates rise over the past month for the current fiscal year by about 57.6%. But that is not yet reflected in its price, as the stock gained 1.72% over the same time frame.
Pioneer Natural Resources Company Price and Consensus
Pioneer Natural Resources Company Price and Consensus | Pioneer Natural Resources Company Quote
You should not be concerned about the price remaining muted going forward. This year’s significant expected earnings growth over the prior year should ultimately translate into price appreciation.
And if this isn’t enough, PXD 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). 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 Pioneer Natural Resources. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for PXD and that now might be an interesting buying opportunity.
A Full-Blown Technological Breakthrough in the Making
Zacks’ Aggressive Growth Strategist Brian Bolan explores autonomous cars in our latest Special Report, Driverless Cars: Your Roadmap to Mega-Profits Today. In addition to who will be selling them and how the auto industry will be impacted, Brian reveals 8 stocks with tremendous gain potential to feed off this phenomenon. Click to see the stocks right now >>