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.
Those of you that followed the old philosophy of “Shut up and buy the dip” benefited today. After President Trump rocked the market with his strong stance on the China deal, speculators jumped in and pounded the market. Small caps led the way higher, digging out of their early hole and bursting though to highs not seen in weeks. In an environment like that, it’s tough to buck up and buy into the selloff. What if you pick a dud? What if your stock is on the edge of a swirl down the bowl? One way to avoid that potential situation is by buying stocks with great earnings trends. Stocks that have seen earnings estimates from analysts push to the upside. One way of uncovering stocks like this is by leaning on the power of the Zacks Rank.
That Zacks Rank can help you find stock ideas like today’s Bull of the Day Anglogold Ashanti (AU - Free Report) . AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
The reason for the favorable Zacks Rank lies in the series of earnings estimate revisions to the upside. Over the last sixty days, two analysts have increased their earnings estimates for both the current year and next year. The bullish revisions have increased the Zacks Consensus Estimate for the current year from 75 cents to 99 cents while next year’s number has shot up from 69 cents to $1.17. But that really hasn’t shown up in the stock price as the stock has remained under pressure, coming down from highs over $14 to the $11 level.
Will you retire a millionaire?
One out of every six people retires a multimillionaire. Get smart tips you can do today to become one of them in a new Special Report, “7 Things You Can Do Now to Retire a Multimillionaire.”
Bull of the Day: Anglogold Ashanti (AU)
Those of you that followed the old philosophy of “Shut up and buy the dip” benefited today. After President Trump rocked the market with his strong stance on the China deal, speculators jumped in and pounded the market. Small caps led the way higher, digging out of their early hole and bursting though to highs not seen in weeks. In an environment like that, it’s tough to buck up and buy into the selloff. What if you pick a dud? What if your stock is on the edge of a swirl down the bowl? One way to avoid that potential situation is by buying stocks with great earnings trends. Stocks that have seen earnings estimates from analysts push to the upside. One way of uncovering stocks like this is by leaning on the power of the Zacks Rank.
That Zacks Rank can help you find stock ideas like today’s Bull of the Day Anglogold Ashanti (AU - Free Report) . AngloGold Ashanti Limited operates as a gold mining company. It also produces silver, uranium, and sulphuric acid; and dóre bars. The company operates 14 mines and 3 projects in 10 countries in South Africa, Continental Africa, the Americas, and Australasia. AngloGold Ashanti Limited was incorporated in 1944 and is headquartered in Johannesburg, South Africa.
The reason for the favorable Zacks Rank lies in the series of earnings estimate revisions to the upside. Over the last sixty days, two analysts have increased their earnings estimates for both the current year and next year. The bullish revisions have increased the Zacks Consensus Estimate for the current year from 75 cents to 99 cents while next year’s number has shot up from 69 cents to $1.17. But that really hasn’t shown up in the stock price as the stock has remained under pressure, coming down from highs over $14 to the $11 level.
Will you retire a millionaire?
One out of every six people retires a multimillionaire. Get smart tips you can do today to become one of them in a new Special Report, “7 Things You Can Do Now to Retire a Multimillionaire.”
Click to get it free >>