AAC Technologies (AACAY) Upgraded to Strong Buy: What Does It Mean for the Stock?
AACAYAAC TECH(AACAY) ZACKS·2024-10-15 01:01

AAC Technologies Holdings Inc. (AACAY) appears an attractive pick, as it has been recently upgraded to a Zacks Rank #1 (Strong Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices. The sole determinant of the Zacks rating is a company's changing earnings picture. The Zacks Consensus Estimate -- the consensus of EPS estimates from the sell-side analysts covering the stock -- for the current and following years is tracked ...