Bank of the Ozarks
Bank of the Ozarks (OZRK) is in the Southern portion of the United Sates and has more than 100 branches scattered across Arkansas, Georgia, Texas, Florida, Alabama, North Carolina and South Carolina.
The exciting news here is that OZRK is buying a bank in Texas that almost doubles its presence in the strong Texas market and adds locations in San Antonio and Houston. The bank has posted positive earnings surprises in three of the last four quarters, and analysts recently raised their estimates for the fourth quarter as well as the full year.
The strong fundamental have been noticed by Portfolio Grader and the stock was upgraded to an “A” this week and remains a “strong buy.”