Chicago Bridge & Iron Company N.V.CBI was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.
The move followed some reports on speculation over President Trump's supposedly leaked infrastructure plan.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Chicago Bridge & Iron Company N.V. Price
Chicago Bridge & Iron Company N.V. Price | Chicago Bridge & Iron Company N.V. Quote
Chicago Bridge & Iron Company currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.
A better-ranked stock in the Construction sector is Granite Construction Incorporated GVA, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is CBI going up? Or down? Predict to see what others think: Up or Down
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