Back to top

Image: Bigstock

Overstock.com (OSTK) in Focus: Stock Moves 11.6% Higher

Read MoreHide Full Article

Overstock.com, Inc. was a big mover last session, as the company saw its shares rise nearly 12% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 40.2% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of no increase and  decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either/remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Overstock.com currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Overstock.com, Inc. Price

Another stock worth considering in the Retail-Wholesale sector is Carvana Co. (CVNA - Free Report) which carries a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce ""the world's first trillionaires,"" but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Carvana Co. (CVNA) - free report >>

Published in