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 ...

One stock that might be an intriguing choice for investors right now is Carlisle Companies Incorporated (CSL) . This is because this security in the Diversified Operations space is seeing solid earnings estimate revision activity, and is in great company from a Zacks Industry Rank perspective.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 pl ...

Carlisle Companies Incorporated (CSL) is gaining from strength in the Carlisle Construction Materials (CCM) segment, expansion efforts, Vision 2030 program and a sound capital-deployment strategy.Let’s delve into the factors that make this current Zacks Rank #1 (Strong Buy) company a smart investment choice at the moment.Business Strength: Carlisle's diversified business structure enables it to tap opportunities and neutralize operating risks associated with a single market. The company stands to gain from ...

Carlisle Companies Incorporated (CSL) recently announced that it has signed a definitive deal to acquire MTL Holdings (“MTL”) from the U.S. private equity firm, GreyLion Partners. The transaction value has been fixed at $410 million in cash. The latest deal is a testimony to Carlisle’s intention of becoming a pure-play building products company.Based in Waukesha, WI, MTL is primarily engaged in manufacturing a wide range of metal building envelope solutions for use in the industrial, commercial and institut ...

For new and old investors, taking full advantage of the stock market and investing with confidence are common goals. Zacks Premium provides lots of different ways to do both.The popular research service can help you become a smarter, more self-assured investor, giving you access to daily updates of the Zacks Rank and Zacks Industry Rank, the Zacks #1 Rank List, Equity Research reports, and Premium stock screens.It also includes access to the Zacks Style Scores.What are the Zacks Style Scores?Developed along ...

SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Carlisle Companies Incorporated (NYSE:CSL) today announced that it has entered into a definitive agreement to acquire MTL Holdings (“MTL”) from GreyLion Partners, a leading U.S. private equity firm. MTL is a leading provider of pre-fabricated edge metal for commercial roofing systems. Under the terms of the agreement, Carlisle will purchase MTL for $410 million in cash. The purchase price represents 8.7x on MTL’s adjusted EBITDA for the twelve months ending February 29, 2 ...

ITT Inc. (ITT) has been benefiting from solid momentum in its aftermarket business, driven by robust demand for parts and services. A strong pipeline of projects in energy, mining and decarbonization markets, including a new contract with ExxonMobil, bode well for the Industrial Process segment.Growth in component sales within the commercial aerospace and defense markets has been driving the Connect & Control Technologies segment. Also, solid momentum in the friction OE (original equipment) business is supp ...

Identifying stocks that offer healthy returns may be tricky for investors. In such a scenario, one may consider liquidity levels, which are a good indicator of a company’s financial health.Liquidity measures a company’s ability to meet short-term debt obligations by converting assets into liquid cash and equivalents. These stocks have always been on investors’ radar owing to their potential to offer alluring returns.Nonetheless, one should be careful about investing in a stock with a high liquidity level, a ...

It has been about a month since the last earnings report for Carlisle (CSL) . Shares have added about 5.5% in that time frame, outperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Carlisle due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at the most recent earnings report in order to get a better handle on the important catalysts. Carlisle Q4 Earnings Beat Estimates, Revenues Declin ...

Investors interested in Conglomerates stocks should always be looking to find the best-performing companies in the group. Has Carlisle (CSL) been one of those stocks this year? Let's take a closer look at the stock's year-to-date performance to find out.Carlisle is a member of the Conglomerates sector. This group includes 27 individual stocks and currently holds a Zacks Sector Rank of #2. The Zacks Sector Rank considers 16 different groups, measuring the average Zacks Rank of the individual stocks within th ...