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Fortescue Metals Group Ltd. (FSUGY) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current an...
>>> Read more: Fortescue Metals Group Ltd. (FSUGY) Upgraded to Buy: Here's Why
A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current an...
>>> Read more: Fortescue Metals Group Ltd. (FSUGY) Upgraded to Buy: Here's Why
