Back to top

Image: Bigstock

Dover (DOV) Looks Good: Stock Adds 5.3% in Session

Read MoreHide Full Article

Dover Corporation (DOV - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $72.45 to $74.91 in the past one month time frame.

The move came after the company reported better-than-expected second-quarter 2018 results.

The company has seen three negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.

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

Investors interested in the Manufacturing - General Industrial industry may consider Chart Industries, Inc. (GTLS - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is DOV 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.

See This Ticker Free >>
 


See More Zacks Research for These Tickers


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


Dover Corporation (DOV) - free report >>

Chart Industries, Inc. (GTLS) - free report >>

Published in