Buy signal for Federal -- FSS
Financial Tides observed one of the fastest rising S&P 400 stocks. Federal Signal Corporation - FSS is a manufacturer and worldwide supplier of safety, signaling and communications equipment, hazardous area lighting, fire rescue products, street sweeping and vacuum loader vehicles, parking control equipment, custom on-premise signage, carbide cutting tools, precision punches and related die components.
The stock has risen in 13 of the last 20 trading sessions and was 3 for 5 recently. In the last 30 days the stock has appreciated 30.45%. Barchart's 13 technical indicators give out 12 buy signals for a 96% buy rating.
Analysts have out 2 buy recommendations and are predicting an increase in sales of 4.0% this year and 8.2% nest year. Improving earnings are estimated to be increases of 52.8% this year, 34.5% next year and over 10% for the next 5 years.
Investor sentiment over on Motley Fool is high with CAPS members thinking the stock will out perform the market 46 to 12 and they find agreement from the All Stars by a vote of 16 to 1.
The stock has:
1 - Recent upward price momentum
2 - Analysts predicting increase in both sales and earnings
3 - A positive investor sentiment
The stock is trading around 9.26 with a 50 day moving average at 7.50.
Before you consider adding FSS to your portfolio please do your own due diligence.
Jim Van Meerten is an investor who uses Barchart tools and writes on financial matters here and on Financial Tides. Please leave a comment below or email JimVanMeerten@gmail.com
Disclosure: No position in FSS at the time of publication