Ingram Micro Inc. (IM) was a big mover last session, as the company saw its shares rise over 6% 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 $22.84 to $26.10 since Sep 25.
The company has seen a mixed track record when it comes to estimate revision of two increases and two decreases over the past 30 days, while the Zacks Consensus Estimate has remained unchanged. Friday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ingram Micro currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, better-ranked stocks in the retail-wholesale sector include Autobytel Inc. (ABTL), Aeropostale, Inc. (ARO) and Build-A-Bear Workshop Inc. (BBW). All of these have a Zacks Rank #1 (Strong Buy).
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