It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.
So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Sun Hydraulics Corporation . This Manufacturing - General Industrial space stock has actually seen estimates rise over the past month for the current fiscal year by about 1.1%. But that is not yet reflected in its price, as the stock gained only 1.3% over the same time frame.
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 61.1%, which should ultimately translate into price appreciation.
And if this isn’t enough, SNHY currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Sun Hydraulics. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for SNHY and that now might be an interesting buying opportunity.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>
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Sun Hydraulics (SNHY): An Off-the-Radar Potential Winner
It commonly happens in stock investing that investors miss the chance of buying winning stocks that they knew would stand out. Before they take the plunge, others get to know the hidden potential and enter into these stocks, pushing them out of reach.
So, instead of repenting, spotting the off-the-radar potential winners and immediately investing in them could be a smart decision.
One such company that looks well positioned for a solid gain, but has been overlooked by investors lately, is Sun Hydraulics Corporation . This Manufacturing - General Industrial space stock has actually seen estimates rise over the past month for the current fiscal year by about 1.1%. But that is not yet reflected in its price, as the stock gained only 1.3% over the same time frame.
SUN HYDRAULICS Price and Consensus
SUN HYDRAULICS Price and Consensus | SUN HYDRAULICS Quote
You should not be concerned about the price remaining muted going forward. This year’s expected earnings growth over the prior year is 61.1%, which should ultimately translate into price appreciation.
And if this isn’t enough, SNHY currently carries a Zacks Rank #1 (Strong Buy) which further underscores the potential for its outperformance (See the performance of Zacks' portfolios and strategies here: About Zacks Performance).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
So if you are looking for a stock flying under-the-radar that is well-equipped to bounce down the road, make sure to consider Sun Hydraulics. Solid estimate revisions and an impressive Zacks Rank suggest that better days may be ahead for SNHY and that now might be an interesting buying opportunity.
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? As of early December, the 2016 Top 10 produced 5 double-digit winners including oil and natural gas giant Pioneer Natural Resources which racked up a stellar +50% gain. The new list is painstakingly hand-picked from 4,400 companies covered by the Zacks Rank. Be among the very first to see it>>