It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. Many times, stocks are off investors’ radar screens for a reason, though there are some hidden gems that could be worth uncovering by those with a high risk tolerance.
One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Energy Transfer Equity, L.P. . This Oil and Gas - Production Pipeline - MLB industry stock has actually seen estimates rise over the past month for the current fiscal year by about 52%. But that is not yet reflected in its price, as the stock lost 1.6% over the same time frame.
Energy Transfer Equity, L.P. Price and Consensus
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 62%, which should ultimately translate into price appreciation.
And if this isn’t enough, ETE 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 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 Energy Transfer Equity, L.P. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for ETE and that now might be an interesting buying opportunity.
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If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
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Investors' Radars Failed to Catch Energy Transfer Equity, L.P. (ETE), Has Yours?
It can be very difficult to find companies that are both flying under the radar, and still might have potential for gains. Many times, stocks are off investors’ radar screens for a reason, though there are some hidden gems that could be worth uncovering by those with a high risk tolerance.
One way to find these underappreciated stocks is by looking at companies that haven’t seen their share prices move higher lately, but have observed analysts raising earnings estimates for their stock. This trend could signal that investors haven’t quite embraced the rising estimate story yet, but that the potential for a big move higher is definitely there.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Energy Transfer Equity, L.P. . This Oil and Gas - Production Pipeline - MLB industry stock has actually seen estimates rise over the past month for the current fiscal year by about 52%. But that is not yet reflected in its price, as the stock lost 1.6% over the same time frame.
Energy Transfer Equity, L.P. Price and Consensus
Energy Transfer Equity, L.P. Price and Consensus | Energy Transfer Equity, L.P. Quote
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 62%, which should ultimately translate into price appreciation.
And if this isn’t enough, ETE 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 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 Energy Transfer Equity, L.P. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for ETE and that now might be an interesting buying opportunity.
5 Trades Could Profit ""Big-League"" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course.
Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>