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Canadian Natural (CNQ) Surges: Stock Moves 8% Higher
Canadian Natural Resources Limited (CNQ - 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 reverses the recent trend for the company—as the stock is now down 72.2% in the past one-month time frame.
The company has seen one 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.
Canadian Natural currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Canadian Natural Resources Limited Price
Canadian Natural Resources Limited price | Canadian Natural Resources Limited Quote
Investors interested in the Oils - Energy sector may consider Antero Resources Corporation (AR - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Free: Zacks’ Single Best Stock Set to Double
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This pioneering tech ticker had soared to all-time highs and then subsided to a price that is irresistible. Now a pending acquisition could super-charge the company’s drive past competitors in the development of true Artificial Intelligence. The earlier you get in to this stock, the greater your potential gain.
See 5 Stocks Set to Double>>