Dycom Industries is one of those rare companies that can benefit from so many trends. They are an engineering and construction firm they do big scale work on everything from gas lines to cell-towers.
The CMF (money flow) is improving nicely and a slight positive divergence has formed between the CMF and the price action.
The EPS forecast for Dycom has been raised massively over the last 7 days from $0.58 per share to $0.78 per share. The revenue growth is impressive as well. In 2010, revenue for Dycom Industries was just under $1 billion. In 2014, revenue has growth to $1.8 billion. Folks that's an annual revenue growth rate for the last 5 years of over 10%.
Source: www.guerillastocktra...-eps-forecast-hikes/
The CMF (money flow) is improving nicely and a slight positive divergence has formed between the CMF and the price action.
The EPS forecast for Dycom has been raised massively over the last 7 days from $0.58 per share to $0.78 per share. The revenue growth is impressive as well. In 2010, revenue for Dycom Industries was just under $1 billion. In 2014, revenue has growth to $1.8 billion. Folks that's an annual revenue growth rate for the last 5 years of over 10%.
Source: www.guerillastocktra...-eps-forecast-hikes/