Are you a technical investor? If so, it may be time to consider Precision Drilling Corp (PDS) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for PDS.
This trend may have already begun, as shares of PDS have moved by higher by 14.7% in just the past month. Plus, PDS has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Precision Drilling Corp has plenty of life left.
To read this article on Zacks.com click here.
Get all Zacks Research Reports and be alerted to fast-breaking buy and sell opportunities every trading day.
Be the first to comment