Investors certainly have to be happy with Grupo Aeroportuario del Centro Norte, S. A. B. de C. V. (NASDAQ:OMAB) and its short term performance. After all, the stock has jumped by 10.4% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for OMAB?
While we can never know for sure, it is pretty encouraging that estimates for OMAB have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #1 (Strong Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks. You can see the complete list of today’s Zacks #1 Rank stocks here.
Breaking News: Cryptocurrencies Now Bigger than Visa
The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley (NYSE:MS), Goldman Sachs (NYSE:GS) and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved.
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Grupo Aeroportuario del Centro Norte S.A.B. de C.V. (OMAB): Free Stock Analysis Report
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Zacks Investment Research