Dish Network Corp. (DISH) was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the company since Mar 7, as the stock is now down nearly 1%.
In the last 30 days, the company witnessed three positive and six negative estimate revisions. However, the Zacks Consensus Estimate remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Dish Network currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better-ranked stocks in the consumer discretionary sector include Central Garden & Pet Company (CENT), The Dixie Group, Inc. (DXYN) and Harman International Industries, Incorporated (HAR). All three sport a Zacks Rank #1 (Strong Buy).
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