Meredith Corporation was a big mover last session, as the company saw its shares rise more than 10% 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 28.8% in the past one-month time frame.

The move came after the company announced its agreement to buy all the outstanding shares of Time Inc.

The company has not seen any estimate revision in the past one month, while its 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.

Meredith currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.  

Another stock worth considering in the Consumer Staples sector is The Estee Lauder Companies Inc. (EL Quick QuoteEL - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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