This biopharmaceutical company has seen 2 positive estimate revisions in the last 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
AVEO Pharmaceuticals currently holds a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Some well-placed Bio-Med stocks that warrant a look are ANI Pharmaceuticals, Inc. (ANIP), Gilead Sciences Inc. (GILD) and Illumina Inc. (ILMN). All the three stocks sport a Zacks Rank #1 (Strong Buy).
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