Full access to Entrepreneur for $5
Subscribe

Why Clearwater Paper (CLW) Stock Might be a Great Pick

Clearwater Paper (CLW) has seen solid earnings estimate revision activity over the past month, and belongs to a strong industry as well.

By
This story originally appeared on Zacks

One stock that might be an intriguing choice for investors right now is Clearwater Paper Corporation CLW. This is because this security in the Paper and Related Products space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.

- Zacks

This is important because, often times, a rising tide will lift all boats in an industry, as there can be broad trends taking place in a segment that are boosting securities across the board. This is arguably taking place in the Paper and Related Products space as it currently has a Zacks Industry Rank of 33 out of more than 250 industries, suggesting it is well-positioned from this perspective, especially when compared to other segments out there.

Meanwhile, Clearwater Paper is actually looking pretty good on its own too. The firm has seen solid earnings estimate revision activity over the past month, suggesting analysts are becoming a bit more bullish on the firm’s prospects in both the short and long term.

In fact, over the past 30 days, current quarter estimates have moved from a loss of 23 cents per share to earnings of 30 cents per share, while current year estimates have moved from a loss of 15 cents per share to earnings of 76 cents per share. This has helped Clearwater Paper to earn a Zacks Rank #2 (Buy), further underscoring the company’s solid position. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

So, if you are looking for a decent pick in a strong industry, consider Clearwater Paper. Not only is its industry currently in the top third, but it is seeing solid estimate revisions as of late, suggesting it could be a very interesting choice for investors seeking a name in this great industry segment.



Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

Zacks has released a Special Report to help you do just that, and today it’s free. Discover 7 special companies that look to gain the most from construction and repair to roads, bridges, and buildings, plus cargo hauling and energy transformation on an almost unimaginable scale.

Download FREE: How to Profit from Trillions on Spending for Infrastructure >>



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

 

Clearwater Paper Corporation (CLW): Free Stock Analysis Report

 

To read this article on Zacks.com click here.

 

Zacks Investment Research