Bullish MACD for PetSmart – Tale of the Tape (PETM)

Zacks

PetSmart, Inc.’s (PETM) MACD indicator has entered into bullish territory with a reading of 0.4103. The Zacks #2 Rank (“Buy”) stock increased slightly to $44.64 in morning trade. The Zacks Consensus Estimate for the year ending January 2012 has increased by 3 cents over the past month to $2.46 per share.

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