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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 #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is 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 Cons...
>>> Read more: Fortescue Metals Group Ltd. (FSUGY) Upgraded to Strong Buy: Here's What You Should Know
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 Cons...
>>> Read more: Fortescue Metals Group Ltd. (FSUGY) Upgraded to Strong Buy: Here's What You Should Know
