Advertisement
Singapore markets close in 7 hours 20 minutes

  • Straits Times Index

    3,258.16
    -34.97 (-1.06%)
     

  • Nikkei

    37,883.84
    -576.24 (-1.50%)
     

  • Hang Seng

    17,144.12
    -57.15 (-0.33%)
     

  • FTSE 100

    8,040.38
    -4.43 (-0.06%)
     

  • Bitcoin USD

    64,478.04
    -2,325.52 (-3.48%)
     

  • CMC Crypto 200

    1,394.90
    -29.20 (-2.05%)
     

  • S&P 500

    5,071.63
    +1.08 (+0.02%)
     

  • Dow

    38,460.92
    -42.77 (-0.11%)
     

  • Nasdaq

    15,712.75
    +16.11 (+0.10%)
     

  • Gold

    2,330.50
    -7.90 (-0.34%)
     

  • Crude Oil

    82.75
    -0.06 (-0.07%)
     

  • 10-Yr Bond

    4.6520
    +0.0540 (+1.17%)
     

  • FTSE Bursa Malaysia

    1,571.68
    +0.20 (+0.01%)
     

  • Jakarta Composite Index

    7,174.53
    -7,110.81 (-49.78%)
     

  • PSE Index

    6,572.75
    0.00 (0.00%)
     

Superior Drilling Products (SDPI) Shares March Higher, Can It Continue?

Zacks Equity Research
Updated
Pioneer Natural's (PXD) strong Q3 results can be attributed to higher production volumes of liquids and natural gas.

Superior Drilling Products, Inc. SDPI has been on the move lately as the stock has risen by 44.6% in the past four weeks, and it is currently trading well above its 20-Day SMA. This is a pretty solid move higher, but the question that has to be on investors’ minds right now is; can this trend continue?

While there can be no telling for sure, it is certainly encouraging that earnings estimates have risen in the past few weeks on the company, suggesting that sentiment on SDPI is moving in the right direction. In fact, the stock currently has a Zacks Rank #2 (Buy), suggesting that the recent run could certainly continue for this in-focus company.  You can see the complete list of today’s Zacks #1 Rank stocks here.

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

ADVERTISEMENT

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>


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 report
 
Superior Drilling Products, Inc. (SDPI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research