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Published on 24 Apr 2024 on Zacks via Yahoo Finance

What Makes J. Sainsbury (JSAIY) a New Buy Stock


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J. Sainsbury PLC (JSAIY) could be a solid choice for investors given its recent upgrade to a Zacks Rank #2 (Buy). This rating change essentially reflects an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.

A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years.

LSE.SBRY price evolution

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