Credit Acceptance Corp. CACC was a big mover last session, as the company saw its shares rise over 7% on the day. This led to solid volume too 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 over 25% in the last one month.
The company has seen 1 positive revision 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 Credit Acceptance. 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.
Credit Acceptance currently has a Zacks Rank #1(Strong Buy) while its Earnings ESP is 0.00%.
Another well-ranked financial stock is Cash America International, Inc. CSH, holding a Zacks Rank #2 (Buy).
Is CACC going up? Or down? Predict to see what others think: Up or Down
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