ValueVision Media Inc. (VVTV) was a big mover last session, as the company saw its shares rise over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 20% in the past one-month time frame.
The company has seen two negative revisions in the past 30 days and its Zacks Consensus Estimate also moved lower over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can last.
ValueVision Media currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the retail wholesale sector include Autobytel Inc. (ABTL), Bon-Ton Stores Inc. (BONT) and Builders FirstSource, Inc. (BLDR). All these carry a Zacks Rank #1 (Strong Buy).
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