Back to top

Tale of the Tape

Zacks Equity Research

Why Actua (ACTA) Stock Might Be A Great Pick
November 22, 2016

ACTA

Trades from $3

One stock that might be an intriguing choice for investors right now is Actua Corporation (ACTA - Free Report) . This is because this security in the Internet - Software and Services 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 Internet - Software and Services space as it currently has a Zacks Industry Rank of 50 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Actua 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.

ACTUA CORP Price and Consensus

In fact, over the past month, current quarter estimates have narrowed from a loss of 19 cents per share to a loss of 17 cents per share, while current year estimates have narrowed from a loss of 87 cents per share to a loss of 74 cents per share. This has helped ACTA to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Actua. 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.

The Best Place to Start Your Stock Search

Today, you are invited to download the full, up-to-the-minute list of 220 Zacks Rank #1 "Strong Buy" stocks – absolutely free of charge. Since 1988, Zacks Rank #1 stocks have nearly tripled the market, with average gains of +26% per year. Plus, you can access the list of portfolio-killing Zacks Rank #5 "Strong Sells" and other private research. See these stocks free >>


In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

ACTUA CORP (ACTA) - free report >>