Ameriprise Financial: Strong Industry, Solid Earnings Estimate Revisions

Company Overview - Ameriprise Financial, Inc. (AMP) is currently positioned as an intriguing investment choice due to solid earnings estimate revisions and a favorable Zacks Industry Rank [1][3]. Industry Analysis - The Financial - Investment Management industry has a Zacks Industry Rank of 44 out of more than 250 industries, indicating a strong position relative to other segments [2]. - Broad trends in the Financial - Investment Management space are positively impacting securities across the board, suggesting a rising tide effect [2]. Earnings Estimates - Over the past month, earnings estimates for the current quarter have increased from $9.30 per share to $9.60 per share, while estimates for the current year have risen from $37.64 per share to $38.22 per share [4]. - These revisions reflect a more bullish outlook from analysts regarding Ameriprise Financial's short and long-term prospects [3][4]. Investment Recommendation - Given the strong industry performance and positive estimate revisions, Ameriprise Financial is recommended as a solid pick for investors seeking opportunities in a robust industry segment [5].