From a technical perspective, Banco Macro (BMA) is looking like an interesting pick, as it just reached a key level of support. BMA recently overtook the 20-day moving average, and this suggests a short-term bullish trend.The 20-day simple moving average is a popular investing tool. Traders like this SMA because it offers a look back at a stock's price over a shorter period and helps smooth out price fluctuations. The 20-day can also show more trend reversal signals than longer-term moving averages.Like oth ...

The Finance group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Is Banco Macro (BMA) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Finance peers, we might be able to answer that question.Banco Macro is a member of the Finance sector. This group includes 859 individual stocks and currently holds a Zacks Sector Rank of #8. The Zacks Sector Rank gauges the strength of our 16 ind ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.Even though momentum is a popular stock char ...

For those looking to find strong Finance stocks, it is prudent to search for companies in the group that are outperforming their peers. Is Banco Macro (BMA) one of those stocks right now? A quick glance at the company's year-to-date performance in comparison to the rest of the Finance sector should help us answer this question.Banco Macro is a member of our Finance group, which includes 856 different companies and currently sits at #7 in the Zacks Sector Rank. The Zacks Sector Rank gauges the strength of ou ...

Banco Macro (BMA) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.Individual inv ...

Momentum investing revolves around the idea of following a stock's recent trend in either direction. In the 'long' context, investors will be essentially be "buying high, but hoping to sell even higher." With this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving that way. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades.While many investors like to look for moment ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Banco Macro S.A. (BMA) : This company which provides various banking products and services has seen the Zacks Consensus Estimate for its current year earnings increasing 37.3% over the last 60 days.Cardinal Health, Inc. (CAH) : This healthcare services and products company has seen the Zacks Consensus Estimate for its current year earnings increasing 5.7% over the last 60 days.Royal Caribbean Cruises Ltd. (RCL) : This cruise company has ...

Here are three stocks with buy rank and strong income characteristics for investors to consider today, March 1:Banco Macro S.A. (BMA) : This company which provides various banking products and services has witnessed the Zacks Consensus Estimate for its current year earnings increasing 37.3% the last 60 days.This Zacks Rank #1 company has a dividend yield of 7.6%, compared with the industry average of 4%.Cardinal Health, Inc. (CAH) : This healthcare services and products company has witnessed the Zacks Conse ...

Banco Macro SA (NYSE:BMA) Q4 2023 Earnings Conference Call February 29, 2024 11:00 AM ET Company Participants Nicolas Torres - IR Jorge Scarinci - Finance Manager & IR Manager Conference Call Participants Ernesto Gabilondo - Bank of America Merrill Lynch Carlos Gomez - HSBC Operator Good morning, ladies and gentlemen, and thank you for waiting. And at this time, we would like to welcome everyone to Banco Macro's fourth quarter 2023 earnings conference call. We would like to inform you that the fourth-quarte ...