Back to top

Image: Bigstock

Autoliv (ALV) Looks Good: Stock Adds 8.1% in Session

Read MoreHide Full Article

Autoliv, Inc. (ALV - Free Report) was a big mover last session, as the company saw its shares rise more than 8% 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 17.6% in the past one-month time frame.

The move came after the company reported solid fourth-quarter 2017 results.

The company has seen one negative estimate revision in the past one month, while its Zacks Consensus Estimate has also moved lower over the said time period, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Autoliv currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked stock in the Automotive - Original Equipment industry is Gentex Corporation (GNTX - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is ALV 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:


Autoliv, Inc. (ALV) - free report >>

Gentex Corporation (GNTX) - free report >>

Published in