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Lifetime Brands (LCUT) Catches Eye: Stock Jumps 7.7%

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Lifetime Brands, Inc. LCUT was a big mover last session, as the company saw its shares rise nearly 8% 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 $9.73 to $12.99 in the past one-month time frame.
 
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Lifetime Brands. 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.

Lifetime Brands currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.  

Investors interested in the Consumer Products – Discretionary industry may consider Party City Holdco Inc. (PRTY - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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You know this company from its past glory days, but few would expect that it’s poised for a monster turnaround. Fresh from a successful repositioning and flush with A-list celeb endorsements, it could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in a little more than 9 months and Nvidia which boomed +175.9% in one year.

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