Back to top

Can the Rally in Energy XXI Gulf Coast (EGC) Shares Continue?

Read MoreHide Full Article

Energy XXI Gulf Coast, Inc. has been on the move lately as the stock has risen by 19% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?

While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on EGC is moving in the right direction. In fact, the stock currently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

Wall Street’s Next Amazon

Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.

Click for details >>




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


More from Zacks Tale of the Tape

You May Like