After brutal Q1, banks brace for significant revenue hit in Q2 - report

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As of late, it has definitely been a great time to be an investor in Turning Point Brands, Inc. TPB. The stock has moved higher by 5.7% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path. We certainly think that this might be the case, particularly if you consider TPB’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as TPB has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here . Todays Best Stocks from Zacks Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2019, while the S&P 500 gained and impressive +53.6%, five of our strategies returned +65.8%, +97.1%, +118.0%, +175.7% and even +186.7%. This outperformance has not just been a recent phenomenon. From 2000 – 2019, while the S&P averaged +6.0% per year, our top strategies averaged up to +54.7% per year. See their latest picks 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 Turning Point Brands, Inc. (TPB) : Free Stock Analysis Report To read this article on Zacks.com click here. Zacks Investment Research View comments
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