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Tronox (TROX) Upgraded to Buy: Here's Why
TronoxTronox(US:TROX) ZACKS·2024-07-08 17:01

Investors might want to bet on Tronox (TROX) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. The change in a company's future earnings potential, as reflected in earnings estimate revisions, and the nearterm price movement of its stock are proven to be strongly correlated. The influence of institutional investors has a partial contribution to this relationship, ...