AeroVironment, Inc. AVAV was a big mover last session, as the company saw its shares rise over 18% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $37 –$39.5 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen no estimate revisions over the past one month, and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
AeroVironment, Inc. Price and Consensus
AeroVironment currently has a Zacks Rank #2 (Hold) while its Earnings ESP is positive.
Another stock worth mentioning in the Aerospace – Defense Equipment industryis Teledyne Technologies Incorporated.TDY which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is AVAV going up? Or down? Predict to see what others think: Up or Down
One Simple Trading Idea
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
Be the first to comment