Lifelock, Inc. (LOCK) was a big mover last session, with shares rising over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up nearly 21% in the past one-month time frame.
This application software company saw two positive estimate revisions in the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame. This suggests that Lifelock holds potential for more solid trading going forward. So make sure to keep an eye on this stock to see if yesterday’s rally can convert into greater strength down the road.
Lifelock currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some stocks worth considering in the Technology sector include ACI Worldwide, Inc. (ACIW), Advanced Energy Industries, Inc. (AEIS) and Blucora, Inc. (BCOR). All these stocks sport a Zacks Rank #1 (Strong Buy).
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