What Makes Despegar.com (DESP) a New Strong Buy Stock

The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate. As such, the Zacks rating upgrade for Despegar.com is essentially a positive comment on its earnings outlook that could have a favorable impact on its stock price. Fundamentally speaking, rising earnings estimates and the consequent rating upgrade for Despegar.com imply ...