Momentum Stock: Arctic Cat Inc.
Given its consistent positive earnings surprises, Arctic Cat Inc. (NASDAQ:ACAT) is a solid momentum play. This Zacks #1 Rank (Strong Buy) stock also hit its 52-week high last month. In January 2012, this snowmobile maker reported solid third-quarter fiscal 2012 results, including earnings per share of 92 cents that trounced the Zacks Consensus Estimate by [...]
Given its consistent positive earnings surprises, Arctic Cat Inc. (NASDAQ:ACAT) is a solid momentum play. This Zacks #1 Rank (Strong Buy) stock also hit its 52-week high last month.
In January 2012, this snowmobile maker reported solid third-quarter fiscal 2012 results, including earnings per share of 92 cents that trounced the Zacks Consensus Estimate by 59%. Sales shot up 36% year over year to $207 million, crushing the Zacks Consensus Estimate of $182 million. Snowmobiles sales alone jumped 61% … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards