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Gannett Co., Inc. (GCI - 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. This continues the recent uptrend for the company—as the stock is now up 64.2% in the past one-month time frame.
The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for Gannett. 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.
Gannett currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
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Gannett (GCI) Catches Eye: Stock Jumps 5.2%
Gannett Co., Inc. (GCI - 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. This continues the recent uptrend for the company—as the stock is now up 64.2% in the past one-month time frame.
The company has seen one positive estimate revision in the past month, while its Zacks Consensus Estimate for the current quarter has also moved higher in the same time frame, suggesting that more solid trading could be ahead for Gannett. 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.
Gannett currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Gannett Co., Inc. Price
Gannett Co., Inc. price | Gannett Co., Inc. Quote
A better-ranked stock in the Business Services sector is Clean Harbors, Inc. (CLH - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
See the 5 high-tech stocks now>>