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Why You Need to Pay Attention to Matrix Service (MTRX) Stock?
February 12, 2014

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One company that should be on your radar is Matrix Service Company (MTRX - Free Report) .The stock of this company  in the Construction space has seen its Zacks Rank surge over the past four weeks, moving from Sell territory to its current position as a Buy.  

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For MTRX’s full year estimate, we have seen 1 estimate go higher in the past 30 days with no downward revision over the same time frame. Nonetheless, the trend has helped the consensus estimate to trend higher, increasing from $1.13 per share a month ago to its current level of $1.23.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, MTRX has seen some pretty solid trading lately, as the company has moved higher by 20.2% in the past month.

If Matrix Service 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 MTRX on your watch list for the future.

Other top-ranked stocks worth considering in the same space include Profire Energy, Inc. (PFIE - Free Report) , Allison Transmission Holdings, Inc. (ALSN - Free Report) and American Airlines Group Inc. (AAL - Free Report) . All these stocks  carry Zacks Rank #1 (Strong Buy).

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