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Is More Good News Ahead for Recent Winner Synutra International (SYUT)?
December 17, 2013
One company that should be on your radar is
Synutra International, Inc. . The stock of this dairy firm has seen its Zacks Rank surge over the past four weeks, moving from Neutral territory to its current position as a Strong Buy.
A key reason for this move has been the positive trend in the earnings estimate revisions picture. For SYUT’s full year estimate, we have seen 1estimate go higher in the past 60 days, compared to no downward revision. This trend has helped the consensus estimate to trend higher, going from 34 cents a share 60 days ago to its current level at 0.53 cents.
This positive shift in estimates has made some investors take notice and buy the stock. In fact, SYUT has seen some pretty solid trading lately, as the company has moved higher by 19.9% in the past month.
If Synutra can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put SYUT on your watch list for the future.
Other top-ranked stocks worth considering in this space include Coca-Cola Amati ( CCLAY - Snapshot Report) , Assoc Brit Food ( ASBFY - Snapshot Report) and Green Mountain Coffee Roasters, Inc. . While a Coca-Cola Amatil carries a Zacks Rank #1 (Strong Buy), Assoc Brit Food and Green Mountain carry a Zacks Rank #2 (Buy).
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