Today’s video takes a super quick look at shares of Monsanto heading into their earnings release. The company doesn’t exactly have a great track record when it comes to earnings, as it has missed estimates in three of the last four quarters, including both of the last two.
Earnings estimates have also been sluggish for the stock, as the consensus estimate has been sliding over the past few months, and is back down to 2014 levels. However, the stock has moved out of Zacks Rank sell territory, and it is at least a hold now. Additionally, the company is in a great industry which is currently ranked in the top 10% overall so at least the overall space is promising, giving a very mixed picture overall.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
Today’s video takes a super quick look at shares of Monsanto heading into their earnings release. The company doesn’t exactly have a great track record when it comes to earnings, as it has missed estimates in three of the last four quarters, including both of the last two.
Earnings estimates have also been sluggish for the stock, as the consensus estimate has been sliding over the past few months, and is back down to 2014 levels. However, the stock has moved out of Zacks Rank sell territory, and it is at least a hold now. Additionally, the company is in a great industry which is currently ranked in the top 10% overall so at least the overall space is promising, giving a very mixed picture overall.
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>