Surging Earnings Estimates Signal Upside for Orchid Island (ORC) Stock

Orchid Island (ORC) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this residential mortgage-backed securities investor is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between tr ...