Advertisement
Australia markets open in 5 hours 7 minutes
  • ALL ORDS

    8,022.90
    -54.00 (-0.67%)
     
  • AUD/USD

    0.6652
    +0.0002 (+0.03%)
     
  • ASX 200

    7,783.00
    -55.80 (-0.71%)
     
  • OIL

    80.82
    -0.01 (-0.01%)
     
  • GOLD

    2,310.50
    -20.30 (-0.87%)
     
  • Bitcoin AUD

    91,616.59
    -1,590.76 (-1.71%)
     
  • CMC Crypto 200

    1,267.07
    -16.71 (-1.30%)
     

New to Investing? This 1 Business Services Stock Could Be the Perfect Starting Point

If you're a beginner investor, the idea of creating a portfolio from the ground up can feel like an impossible goal to achieve. That's why you should start by looking at stocks that are set to beat the market over the next 12 months, a strategy that's been proven to generate strong returns.

Now, let's take a deep dive into a great stock that could be just the right addition to your portfolio.

Why You Should Pay Attention to Rollins (ROL)

Headquartered in Atlanta, GA, Rollins provides pest and termite control services to residential and commercial customers. The company offers protection against termite damage, insects and rodents to homes and businesses, including food manufacturers, food service establishments, hotels, transportation companies and retailers.

ADVERTISEMENT

ROL was added to the Zacks Focus List on January 7, 2019 at $36.50 per share. Since then, shares have increased 32.88% to $48.50.

Five analysts revised their earnings estimate upwards in the last 60 days for fiscal 2024. The Zacks Consensus Estimate has increased $0.02 to $1.01. ROL boasts an average earnings surprise of 4.2%.

Earnings for Rollins are forecasted to see growth of 12.2% for the current fiscal year as well.

Because stock prices react to revisions, buying stocks with rising earnings estimates can be very profitable. Focus List stocks like ROL offer investors a great opportunity to get into a company whose future earnings estimates will be raised, potentially leading to price momentum.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Rollins, Inc. (ROL) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research