SUPERVALU Inc. (SVU) was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $6.57 to $7.09 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
SUPERVALU currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other stocks in the retail sector worth considering include Diamond Foods, Inc. (DMND), Treehouse Foods Inc. (THS) and McCormick & Company, Incorporated (MKC). All these stocks carry the same Zacks Rank as SUPERVALU.
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