Should You Buy Southern Missouri Bancorp (SMBC) After Golden Cross?

Core Viewpoint - Southern Missouri Bancorp, Inc. (SMBC) shows potential as a stock pick due to a recent "golden cross" event, indicating a bullish trend may be forthcoming [1][2]. Technical Analysis - A "golden cross" occurs when a stock's short-term moving average (50-day) crosses above its long-term moving average (200-day), suggesting a bullish breakout [2]. - The formation of a golden cross typically follows a downtrend, a bottoming out, and then a trend reversal leading to higher prices [3]. Performance Metrics - SMBC has experienced a price rally of 12.2% over the past four weeks, indicating strong momentum [4]. - The company currently holds a 2 (Buy) rating on the Zacks Rank, suggesting favorable market sentiment [4]. Earnings Outlook - There has been one upward revision in earnings estimates for SMBC over the past 60 days, with no downward revisions, reflecting a positive earnings outlook for the current quarter [4]. - The Zacks Consensus Estimate for SMBC has also increased, further supporting the bullish case for the stock [4][5]. Investment Consideration - The combination of positive earnings estimate revisions and the technical breakout signals suggests that investors should monitor SMBC for potential gains in the near future [5].