TC PipeLines, LP (TCP) was a big mover last session, as the company saw its shares rise more than 15% 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 of the company as the stock is now up 20.35% since Sep 15.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TC PipeLines carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the oil & gas pipelines industry include Delek Logistics Partners, LP (DKL), Sunoco Logistics Partners L.P. (SXL) and Valero Energy Partners LP (VLP). All these stocks sport a Zacks Rank #1 (Strong Buy).
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