Back to top

Image: Bigstock

Ballard Power Systems (BLDP) Surges: Stock Moves 11.9% Higher

Read MoreHide Full Article

Ballard Power Systems Inc. (BLDP - Free Report) was a big mover last session, as the company saw its shares rise nearly 12% 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 $14.44 to $19.29 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of no increase and three decreases over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Ballard Power Systems currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Price chart for BLDP


Investors interested in the Electronics - Miscellaneous Components industry may consider Littelfuse, Inc. (LFUS - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Biggest Tech Breakthrough in a Generation

Be among the early investors in the new type of device that experts say could impact society as much as the discovery of electricity. Current technology will soon be outdated and replaced by these new devices. In the process, it’s expected to create 22 million jobs and generate $12.3 trillion in activity.

A select few stocks could skyrocket the most as rollout accelerates for this new tech. Early investors could see gains similar to buying Microsoft in the 1990s. Zacks’ just-released special report reveals 8 stocks to watch. The report is only available for a limited time.

See 8 breakthrough stocks now>>


See More Zacks Research for These Tickers


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


Ballard Power Systems, Inc. (BLDP) - free report >>

Littelfuse, Inc. (LFUS) - free report >>

Published in