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Ballard Power Systems (BLDP): Strong Industry, Solid Earnings Estimate Revisions
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One stock that might be an intriguing choice for investors right now is Ballard Power Systems Inc. (BLDP - Free Report) . This is because this security in the Electronic-Miscellaneous Components space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Electronic-Miscellaneous Components space as it currently has a Zacks Industry Rank of 68 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile Ballard Power is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
In fact, over the past month, current quarter estimates have narrowed from a loss of 3 cents per share to a loss of 2 cents per share, while current year estimates have narrowed from a loss of 15 cents per share to a loss of 14 cents per share. This has helped BLDP to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank stocks here.
So, if you are looking for a decent pick in a strong industry, consider Ballard Power. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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Ballard Power Systems (BLDP): Strong Industry, Solid Earnings Estimate Revisions
One stock that might be an intriguing choice for investors right now is Ballard Power Systems Inc. (BLDP - Free Report) . This is because this security in the Electronic-Miscellaneous Components space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.
This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Electronic-Miscellaneous Components space as it currently has a Zacks Industry Rank of 68 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
Meanwhile Ballard Power is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.
BALLARD PWR SYS Price and Consensus
BALLARD PWR SYS Price and Consensus | BALLARD PWR SYS Quote
In fact, over the past month, current quarter estimates have narrowed from a loss of 3 cents per share to a loss of 2 cents per share, while current year estimates have narrowed from a loss of 15 cents per share to a loss of 14 cents per share. This has helped BLDP to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank stocks here.
So, if you are looking for a decent pick in a strong industry, consider Ballard Power. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
Confidential from Zacks
Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>