Nasbhai
2023-02-08

$Lufax(LU)$ Strong Buy Candidate

The stock lies in the middle of a very wide and strong rising trend in the short term and a further rise within the trend is signaled. Given the current short-term trend, the stock is expected to rise 72.72% during the next 3 months and, with a 90% probability hold a price between $4.36 and $5.84 at the end of this 3-month period.

Should take note that LU currently has a Zacks Rank #2 (Buy), which means it is in the top 20% of more than the 4,000 stocks that we rank based on trends in earnings estimate revisions and EPS surprises. And stocks carrying a Zacks Rank #1 or 2 usually outperform the market.

Credit: StockInvest

Modified in.2023-02-08
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