Big Money Dives into Antero Resources
And the independent U.S. energy company could jump even more due to strong investor interest and planned share repurchases. But another likely reason is Big Money lifting the stock.
Antero Resources Attracts Big Money
So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares.
Smart money managers are always looking for the next hot stock. And Antero Resources has many fundamental qualities that are attractive.
This sets up well for the stock going forward. But how the shares have been trading points to more upside. As I’ll show you, the Big Money has been consistent in the shares.
You see, fund managers are always looking to bet on the next outlier stocks…the best in class. They spend countless hours sizing up companies, reading reports, speaking to analysts…you name it. When they find a company firing on all cylinders, they pounce in a big way.
That’s why I’ve learned how critical it is to gauge Big Money demand for shares. To show you what I mean, have a look at all the Big Money signals AR has made the last year.
The last few months have seen Big Money activity too. Each green bar signals big trading volumes as the stock ramped in price:
In the last year, the stock attracted 26 Big Money buy signals. Generally speaking, recent green bars could mean more upside is ahead.
Now, let’s check out technical action grabbing my attention:
- 1-month outperformance vs. Energy Select Sector SPDR ETF (+4.9% vs. XLE)
Outperformance is important for leading stocks.
Antero Resources Fundamental Analysis
Next, it’s a good idea to check under the hood. Meaning, I want to make sure the fundamental story is strong too. As you can see, Antero Resources has been growing sales at double-digit rates and has a solid earnings outlook. Take a look:
- 3-year sales growth rate (+37.4%)
- 2-year vs. 1-year EPS growth estimate (+22.2%)
Marrying great fundamentals with technically superior stocks is a winning recipe over the long-term.
In fact, AR recently became a top-rated stock at my research firm, MAPsignals. That means the stock has buy pressure, strong technicals, and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.
AR has a lot of qualities that are attracting Big Money. In fact, it just made the Top 20 report for the first time on 03/01/2022…and gained 43.9% since. Big Money may have a new gem on its hands. The blue bars below show when Antero Resources was a top pick:
It’s been a top stock in the energy sector according to the MAPsignals process. I wouldn’t be surprised if AR makes additional appearances in the years to come. Let’s tie this all together.
Antero Resources Price Prediction
The Antero Resources rally could have further to go. Big Money buying in the shares is signaling to take notice. Shares could be positioned for further upside. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.
Disclosure: the author holds no positions in AR at the time of publication.
Learn more about the MAPsignals process here.