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Icahn Enterprises (IEP) Catches Eye: Stock Jumps 5.9%

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Icahn Enterprises, L.P. (IEP - Free Report) was a big mover last session, as the partnership saw its units rise almost 6% on the day. The move came on solid volume with far more units changing hands than in a normal session. This breaks the recent trend of the partnership, as the stock is now trading above the volatile price range of $52.30 to $54.79 in the past one-month time frame.

In the last 30 days, the company has seen no estimate revision and the Zacks Consensus Estimate 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.     

Icahn Enterprises currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.

A better-ranked Diversified Operations stock is Carlisle Companies Incorporated (CSL - Free Report) , which holds a Zacks Rank #2 (Buy).

Is IEP going up? Or down? Predict to see what others think: Up or Down

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