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Fortescue Ltd. Sponsored ADR (FSUGY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensu...
>>> Read more: Fortescue Ltd. Sponsored ADR (FSUGY) Upgraded to Strong Buy: Here's Why
The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensu...
>>> Read more: Fortescue Ltd. Sponsored ADR (FSUGY) Upgraded to Strong Buy: Here's Why
