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Tuesday, June 02, 2015 11:38:52 PM
$DY HUGE EPS Forecast Hikes Over Last 7 Days
Earnings growth is the principal driver of stock market action. A few readers have asked me how I can be so confident to challenge anyone to attempt and short any of my stock picks on this website. This really is the way folks, EPS predict increase.
Dycom Industries stock has received massive EPS outlook increases over the last 7 days. About 30 days ago, the EPS forecast was $0.58. Then 7 days past, that was raised to $0.74. Then just a couple of days ago it was raised again to $0.78. Folks, that's a whopping 34% increase in the EPS forecast in only the last 7 days! Wow!
Institutional traders and money managers watch and track EPS predictions carefully. Nothing is more important than earnings growth as soaring profit is what most investors are after.
Dycom Industries stock is in a solid uptrend. The Chaikin Money Flow is strengthening over the past week while the stock has been going sideways. This positive divergence suggests the stock could move higher shortly.
Source: Dycom Industries Stock Has Big EPS Forecast Hikes
Earnings growth is the principal driver of stock market action. A few readers have asked me how I can be so confident to challenge anyone to attempt and short any of my stock picks on this website. This really is the way folks, EPS predict increase.
Dycom Industries stock has received massive EPS outlook increases over the last 7 days. About 30 days ago, the EPS forecast was $0.58. Then 7 days past, that was raised to $0.74. Then just a couple of days ago it was raised again to $0.78. Folks, that's a whopping 34% increase in the EPS forecast in only the last 7 days! Wow!
Institutional traders and money managers watch and track EPS predictions carefully. Nothing is more important than earnings growth as soaring profit is what most investors are after.
Dycom Industries stock is in a solid uptrend. The Chaikin Money Flow is strengthening over the past week while the stock has been going sideways. This positive divergence suggests the stock could move higher shortly.
Source: Dycom Industries Stock Has Big EPS Forecast Hikes
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