caldooninvestment

HBAN - Great Place to invest 👍

Long
NASDAQ:HBAN   Huntington Bancshares Incorporated
-One stock that might be an intriguing choice for investors right now is Huntington Bancshares Incorporated HBAN . This is because this security in the Banks - Midwest space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

-This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Banks - Midwest space as it currently has a Zacks Industry Rank of 41 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

-Meanwhile, Huntington is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

-In fact, over the past month, current quarter estimates have risen from 32 cents per share to 34 cents per share, while current year estimates have risen from $1.41 per share to $1.44 per share.

-So, if you are looking for a decent pick in a strong industry, consider Huntington. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.
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Comments

great one
+1 Reply
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+1 Reply
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+1 Reply
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+1 Reply
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+1 Reply
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