Advertisement
UK markets close in 5 hours 46 minutes

  • FTSE 100

    7,852.83
    -112.70 (-1.41%)
     

  • FTSE 250

    19,405.23
    -293.66 (-1.49%)
     

  • AIM

    741.44
    -8.84 (-1.18%)
     

  • GBP/EUR

    1.1710
    -0.0001 (-0.01%)
     

  • GBP/USD

    1.2442
    -0.0005 (-0.04%)
     

  • Bitcoin GBP

    51,051.89
    -2,625.76 (-4.89%)
     

  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     

  • S&P 500

    5,061.82
    -61.59 (-1.20%)
     

  • DOW

    37,735.11
    -248.13 (-0.65%)
     

  • CRUDE OIL

    85.05
    -0.36 (-0.42%)
     

  • GOLD FUTURES

    2,385.30
    +2.30 (+0.10%)
     

  • NIKKEI 225

    38,471.20
    -761.60 (-1.94%)
     

  • HANG SENG

    16,248.97
    -351.49 (-2.12%)
     

  • DAX

    17,782.01
    -244.57 (-1.36%)
     

  • CAC 40

    7,951.96
    -93.15 (-1.16%)
     
Money:

How to avoid tax creep in retirement

The state pension went up 8.5% in April, but frozen thresholds mean pensioners will be paying more tax

Moving Average Crossover Alert: Grocery Outlet

Zacks Equity Research
·2-min read

Grocery Outlet Holding Corp. (GO) is looking like an interesting pick from a technical perspective, as the company is seeing favorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for GO broke out above the 200 Day Simple Moving Average, suggesting a short-term bullish trend.

This has already started to take place, as the stock has moved higher by 6.3% in the past four weeks. Plus, the company currently has a Zacks Rank #2 (Buy) suggesting that now could definitely be the time for this breakout candidate.

More bullishness may especially be the case when investors consider what has been happening for GO on the earnings estimate revision front lately. No estimate has gone lower in the past two months, compared to 5 higher, while the consensus estimate has also moved higher too.

So given this move in estimates, and the positive technical factors, investors may want to watch this breakout candidate closely for more gains in the near future.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

ADVERTISEMENT

More Stock News: This Is Bigger than the iPhone!                   

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.

Click here for the 6 trades >>

 


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
 
Grocery Outlet Holding Corp. (GO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.