Remark Media Inc (MARK)

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Strong Buy

Analysts have been steadily raising their estimates for Remark Holdings. Over the past three months, the Zacks Consensus Estimate for the company has increased 60.4%.

Bottom Line

Unlike the overly optimistic Wall Street analysts whose rating systems tend to be weighted toward favorable recommendations, the Zacks rating system maintains an equal proportion of 'buy' and 'sell' ratings for its entire universe of more than 4000 stocks at any point in time. Irrespective of market conditions, only the top 5% of the Zacks-covered stocks get a 'Strong Buy' rating and the next 15% get a 'Buy' rating. So, the placement of a stock in the top 20% of the Zacks-covered stocks indicates its superior earnings estimate revision feature, making it a solid candidate for producing market-beating returns in the near term.

https://www.zacks.com/stock/news/971587/remark-holdings-mark-upgraded-to-strong-buy-what-does-it-mean-for-the-stock