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World Acceptance (WRLD) Now Trades Above Golden Cross: Time to Buy?
WRLDWorld Acceptance (WRLD) ZACKS·2025-02-07 15:56

Group 1 - World Acceptance Corporation (WRLD) has reached a significant support level and is considered a good pick for investors from a technical perspective due to a "golden cross" formation [1] - The golden cross is characterized by a stock's short-term moving average breaking above its long-term moving average, indicating a potential bullish breakout [1][2] - Over the past four weeks, WRLD has gained 26.2%, and it currently holds a 1 (Strong Buy) rating on the Zacks Rank, suggesting a strong bullish outlook [3] Group 2 - The positive earnings outlook for WRLD is supported by two upward revisions in earnings estimates over the past 60 days, with no downward revisions, indicating a favorable trend [3] - Investors are encouraged to monitor WRLD for potential further gains due to its key technical level and positive earnings estimate revisions [4]