Top 3 Industrials Stocks That Are Set To Fly In September
Industrials stocks RBC Bearings, Park Aerospace and Argan show RSI near 30, signaling oversold conditions and potential buying opportunities.
Read original at benzingaStocks · News reference
Lake Street Upgrades Argan to Buy, Announces $600 Price Target
Lake Street analyst Robert Brown upgrades Argan (NYSE:AGX) from Hold to Buy and announces $600 price target.
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Argan shares are trading higher after the company reported better-than-expected Q2 financial results.
Read original at benzingaArgan (AGX) Q2 Earnings and Revenues Beat Estimates
Argan (AGX) reported quarterly earnings of $3.76 per share, significantly beating consensus estimates of $2.68 and delivering a 40.3% earnings surprise. The company also surpassed revenue expectations with $383.98 million. However, the stock holds a Zacks Rank #3 (Hold) rating with mixed estimate revisions. Meanwhile, Thor Industries (THO) is expected to report a 58.9% year-over-year earnings decline for the same quarter.
Read original at zacks-investment-research