Back to top

Image: Bigstock

Resideo (REZI) Looks Good: Stock Adds 8.1% in Session

Read MoreHide Full Article

Resideo Technologies, Inc. (REZI - 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 stock, which remained volatile and traded within the range of $10.00 – $19.49 in the past one-month time frame, witnessed a sharp increase yesterday.

The company has seen two positive estimate revisions 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 Resideo. 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.

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

A better-ranked stock in the Industrial Products sector is Fortune Brands Home & Security, Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


See More Zacks Research for These Tickers


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


Resideo Technologies, Inc. (REZI) - free report >>

Published in