Acorda Therapeutics, Inc. (ACOR) was a big mover last session, as its shares rose over 10% on the day. The rise came on solid volume too with far more shares changing hands than in a normal session. This continues the uptrend for the healthcare company since Feb 3, as the stock is now up roughly 19%.
In the last 30-day frame, the company witnessed one positive estimate revision and the Zacks Consensus Estimate also moved higher, suggestive of more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can translate into more strength down the road.
Acorda currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better-ranked stocks in the medical sector include Gentium S.p.A (GENT), Emergent BioSolutions, Inc. (EBS) and Actelion Ltd. (ALIOF). All three sport a Zacks Rank #1 (Strong Buy).
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