The stock has seen two positive estimate revisions in 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 Investment Technology. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
Investment Technology carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
However, some better-ranked stocks in the investment brokerage industry include Piper Jaffray Companies (PJC), Arlington Asset Investment Corp. (AI) and BGC Partners, Inc. (BGCP). While Piper Jaffray Companies sports a Zacks Rank #1 (Strong Buy), Arlington Asset Investment and BGC Partners hold a Zacks Rank #2 (Buy).
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