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Top Stock Picks for Week of September 26, 2022
ENERGY RECOVERY, INC. (ERII - Free Report) is a leading global developer and manufacturer of highly efficient energy recovery devices utilized in the water desalination industry. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The upward trend in estimate revisions for this maker of energy recovery devices reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. There has been strong agreement among the covering analysts in raising earnings estimates, which has helped push consensus estimates considerably higher for the next quarter and full year.
WESBANCO, INC. (WSBC - Free Report) is a multi-bank holding company whose subsidiaries are engaged in general banking business. It has operations in Indiana, Kentucky, Maryland, Ohio, Pennsylvania and West Virginia. It handles private banking, wealth management, and commercial lending. Earnings are expected to jump 10% next year as the Fed raises rates. It pays a nice dividend, currently yielding 3.9%.