HollyFrontier Corporation was a big mover last session, as the company saw its shares rise nearly 6% on the day. 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 $27.42 to $30.56 in the past one-month time frame.
The move came as the gasoline prices are anticipated to rise higher in the United States.
The company has seen a mixed track record when it comes to estimate revisions of five increases and one decrease over the past one month, while the Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for HollyFrontier. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
HollyFrontier currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Oil and Gas - Refining and Marketing industry may consider a better-ranked stock like Par Pacific Holdings, Inc. (PARR - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is HFC going up? Or down? Predict to see what others think: Up or Down
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Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
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Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
HollyFrontier Corporation was a big mover last session, as the company saw its shares rise nearly 6% on the day. 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 $27.42 to $30.56 in the past one-month time frame.
The move came as the gasoline prices are anticipated to rise higher in the United States.
The company has seen a mixed track record when it comes to estimate revisions of five increases and one decrease over the past one month, while the Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for HollyFrontier. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
HollyFrontier currently carries a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Investors interested in the Oil and Gas - Refining and Marketing industry may consider a better-ranked stock like Par Pacific Holdings, Inc. (PARR - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is HFC going up? Or down? Predict to see what others think: Up or Down
Zacks' 10-Minute Stock-Picking Secret
Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars.
But here's something even more remarkable: You can master this proven system without going to a single class or seminar. And then you can apply it to your portfolio in as little as 10 minutes a month.
Learn the secret >>
Zacks Names "Single Best Pick to Double"
From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.
It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.
This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.
Free: See Our Top Stock and 4 Runners Up >>
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