TriNet Group, Inc. (TNET) was a big mover last session, as the company saw its shares rise nearly 10% 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 22.31% since Jul 25.
This outsourcing stock witnessed one positive estimate revision over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for TriNet Group. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
TriNet Group carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Investors interested in the industry may also consider stocks like Barrett Business Services Inc. (BBSI) and Convergys Corporation (CVG). While Barrett Business Services sports a Zacks Rank #1 (Strong Buy), Convergys holds a Zacks Rank #2. Another stock worth considering in the wider business services sector is Sotheby's (BID) with a Zacks Rank #1.
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