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 China Petroleum & Chemical Corporation . This Oil and Gas - Integrated - Emerging Markets stock has actually seen estimates rise over the past month for the current fiscal year by about 20.2%. But that is not yet reflected in its price, as the stock gained only 2.6% 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 56.23%, which should ultimately translate into price appreciation.
And if this isn’t enough, SNP 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 China Petroleum & Chemical Corporation. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for SNP and that now might be an interesting buying opportunity.
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Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>
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Should China Petroleum & Chemical Corporation (SNP) Be On Your Radar Now?
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 China Petroleum & Chemical Corporation . This Oil and Gas - Integrated - Emerging Markets stock has actually seen estimates rise over the past month for the current fiscal year by about 20.2%. But that is not yet reflected in its price, as the stock gained only 2.6% over the same time frame.
China Petroleum & Chemical Corporation Price and Consensus
China Petroleum & Chemical Corporation Price and Consensus | China Petroleum & Chemical Corporation Quote
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 56.23%, which should ultimately translate into price appreciation.
And if this isn’t enough, SNP 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 China Petroleum & Chemical Corporation. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for SNP and that now might be an interesting buying opportunity.
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains. Click to see them right now >>