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Dycom (DY) in Focus: Stock Moves 6.1% Higher
Dycom Industries, Inc.(DY - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 11.2% in the past one-month time frame.
The company has not seen any changes in estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Dycom currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.
Dycom Industries, Inc. Price
Dycom Industries, Inc. Price | Dycom Industries, Inc. Quote
A better-ranked stock in the retail sector is Jiangsu Expressway Company Limited (JEXYY - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is DY going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>