Advertisement
UK markets close in 6 hours 3 minutes

  • FTSE 100

    8,076.35
    +31.54 (+0.39%)
     

  • FTSE 250

    19,784.90
    -14.82 (-0.07%)
     

  • AIM

    754.77
    -0.10 (-0.01%)
     

  • GBP/EUR

    1.1631
    +0.0003 (+0.02%)
     

  • GBP/USD

    1.2432
    -0.0021 (-0.17%)
     

  • Bitcoin GBP

    53,479.25
    +217.60 (+0.41%)
     

  • CMC Crypto 200

    1,431.83
    +7.73 (+0.54%)
     

  • S&P 500

    5,070.55
    +59.95 (+1.20%)
     

  • DOW

    38,503.69
    +263.71 (+0.69%)
     

  • CRUDE OIL

    82.97
    -0.39 (-0.47%)
     

  • GOLD FUTURES

    2,329.90
    -12.20 (-0.52%)
     

  • NIKKEI 225

    38,460.08
    +907.92 (+2.42%)
     

  • HANG SENG

    17,201.27
    +372.34 (+2.21%)
     

  • DAX

    18,179.33
    +41.68 (+0.23%)
     

  • CAC 40

    8,118.17
    +12.39 (+0.15%)
     
Money:

The five essential pieces of financial paperwork you must never lose

Mislaying key documents can cause real headaches, so it’s worth tracking down these most commonly-lost bits of paperwork

How Bank of Montreal (BMO) Stock Stands Out in a Strong Industry

Zacks Equity Research
Updated

One stock that might be an intriguing choice for investors right now is Bank of Montreal BMO. This is because this security in the Banks-Foreign 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 Banks-Foreign space as it currently has a Zacks Industry Rank of 52 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Bank of Montreal 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 risen from $1.29 per share to $1.33 per share, while current year estimates have risen from $5.13 per share to $5.30 per share. This has helped BMO to earn a Zacks Rank #1 (Strong Buy), further underscoring the company’s solid position.

ADVERTISEMENT

So, if you are looking for a decent pick in a strong industry, consider Bank of Montreal. 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.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
BANK MONTREAL (BMO): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research