Ross Stores Inc. (ROST) was a big mover last session, as the company saw its shares rise almost 7% on the day. The shares rallied on the company’s announcement of upbeat fourth-quarter and fiscal 2014 results on Thursday. This led to solid volume with far more shares changing hands than in a normal session. With this, the recent uptrend for the company continues as the stock is now up 15.4% in the past one-month time frame.
The company has seen 7 positive revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Ross Stores. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Ross Stores currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Another well-ranked retail stock is Burlington Stores, Inc. (BURL), sporting a Zacks Rank #1 (Strong Buy).
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