Iconix Brand Group Inc. (ICON - Free Report) has
been struggling lately, but the selling pressure may be coming to an end soon. That is because ICON
recently saw a Hammer Chart Pattern which can signal that the stock is nearing a bottom.
Plus, earnings estimates have been rising for this company, even despite the sluggish trading lately. Estimates have actually risen so much that the stock now has a Zacks Rank #2 (Buy)
suggesting this relatively unloved stock could be due for a breakout soon.