(RATE) Bankrate – Aggressive Growth
Bankrate (RATE) is a Zacks #1 Rank (Strong Buy) due higher estimates and positive earnings surprises. Company Description Bankrate, Inc., together with its subsidiaries, owns and operates an Internet-based consumer banking and personal finance network. The company’s flagship Website, Bankrate.com provides information on financial products and fees, including mortgages, deposits, insurance, credit cards, and other personal finance categories. Limited Operating History Bankrate has only three earnings reports under its belt in this iteration of public company life. The company was previously publicly owned but then was taken private, only to be spun out again to public investors. The story for the company remains mostly the same, as the need for interest rate information and products continues to resonate with consumers. The first three earnings reports have seen mostly positive news
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