The Chemours Company CC was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $46.20–$50.95 in the past one-month time frame, witnessed a sharp increase on Thursday.
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Chemours. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Chemours currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Another stock worth considering in the Chemical – Diversified industry is LyondellBasell Industries N.V. LYB, which also carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CC going up? Or down? Predict to see what others think:Up or Down
Can Hackers Put Money INTO Your Portfolio?
Earlier this month, credit bureau Equifax announced a massive data breach affecting 2 out of every 3 Americans. The cybersecurity industry is expanding quickly in response to this and similar events. But some stocks are better investments than others.
Zacks has just released Cybersecurity! An Investor’s Guide to help Zacks.com readers make the most of the $170 billion per year investment opportunity created by hackers and other threats. It reveals 4 stocks worth looking into right away.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment