AXL Stock Recent News
AXL LATEST HEADLINES
American Axle (AXL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
HHS, AXL, CMRE, SSL and APTV have been added to the Zacks Rank #1 (Strong Buy) List on June 11, 2024.
DETROIT , June 4, 2024 /PRNewswire/ -- American Axle & Manufacturing Holdings, Inc. (AAM), (NYSE: AXL) will participate in Deutsche Bank's Global Auto Industry Conference on June 11. AAM is scheduled to present at 12:25 p.m.
Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) first quarter results show revenue more than doubled year-on-year, at $14.4 million from $6.9 million. It follows a campaign of successful well drilling in Colombia, and the profile promises to step up again in the coming months as Arrow moves to horizontal well drilling – which will yield greater volumes.
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Arrow Exploration Corp (TSX-V:AXL, AIM:AXL, OTC:CSTPF) told investors it has spud of the CNB HZ-1 well, its first horizontal well at the Tapir project in Colombia. The well is targeting the Ubaque formation, following up previous wells in the area earlier this year.
American Axle (AXL) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
Brokers have deeper insights into stocks and macroeconomic factors. So, one should follow broker rating upgrades to pick stocks like Medpace (MEDP), American Axle & Manufacturing (AXL), Diebold Nixdorf (DBD), Euronet (EEFT) and Omnicom (OMC).
American Axle (AXL) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.