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One stock that might be an intriguing choice for investors right now is ExlService Holdings, Inc. EXLS. This is because this security in the Outsourcing 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 Outsourcing space as it currently has a Zacks Industry Rank of 40 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.
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Meanwhile, ExlService Holdings 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.
ExlService Holdings, Inc. Price and Consensus
In fact, over the past month, current quarter estimates have increased from 46 cents per share to 49 cents per share, while current year estimates have increased from $2.01 per share to $2.10 per share. This has helped EXLS to earn a Zacks Rank #3 (Hold), further underscoring the company's solid position. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here.
So, if you are looking for a decent pick in a strong industry, consider ExlService Holdings. 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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ExlService Holdings, Inc. (NASDAQ:EXLS): Free Stock Analysis Report
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Zacks Investment Research
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.