Why Powell Industries (POWL) Might be Well Poised for a Surge

Investors might want to bet on Powell Industries (POWL) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook.The upward trend in estimate revisions for this energy equipment company reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correla ...