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The company has seen two negative revisions in the past 30 days, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.
Bunge currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
However, better-ranked stocks in the consumer staples sector include Fresh Del Monte Produce Inc. FDP, Kao Corporation (KCRPY) and Pilgrim's Pride Corporation PPC. All of these sport a Zacks Rank #1 (Strong Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free reportBUNGE LTD BG: Free Stock Analysis Report
FRESH DEL MONTE FDP: Free Stock Analysis Report
PILGRIMS PRIDE PPC: Free Stock Analysis Report
KAO CORP ADR (KCRPY): Get Free Report
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