Daqo New Energy Corp. (DQ Quick QuoteDQ - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% 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 $37.70 –$47.03 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen one positive estimate revision in the past one month, while its Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame, suggesting that more solid trading could be ahead for the company. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Daqo New Energy currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

DAQO New Energy Corp. Price and Consensus

DAQO New Energy Corp. Price and Consensus | DAQO New Energy Corp. Quote

Another stock worth considering in the Chemical - Specialty industry is Ferro Corporation , which also carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

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