Arch Capital (ACGL) Upgraded to Buy: Here's Why
ACGLArch Capital .(ACGL) ZACKS·2024-08-08 01:00

Arch Capital Group (ACGL) could be a solid addition to your portfolio given its recent upgrade to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual ...