CBS Corporation was a big mover last session, as the company saw its shares rise more than 9% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $48.74 to $52.85 in the past one-month time frame.

The move came after the company reported solid first-quarter 2018 results.

The company has seen a mixed track record when it comes to estimate revisions of two increases and eight decreases over the past month, while the Zacks Consensus Estimate has moved lower in the said time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

A better-ranked stock in the Broadcast Radio and Television industry is The E.W. Scripps Company (SSP Quick QuoteSSP - Free Report) , which currently has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CBS 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 >>