TASER International Inc. (TASR) was a big mover last session, as the company saw its shares rise by over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the trend of the company since Jan 26, as the stock is now trading above the volatile price range of $15.89 to $16.65.
This manufacturer of conducted electrical weapons (CEWs) has seen a positive estimate revision in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies more solid trading ahead for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s price action can turn into more strength down the road.
TASER International currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Some better-ranked stocks in the broader Industrial Products sector include Ball Corp. (BLL), ARC Document Solutions, Inc. (ARC) and CIRCOR International, Inc. (CIR). While Ball Corp. sports a Zacks Rank #1 (Strong Buy), ARC Document Solutions and CIRCOR International carry a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment