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Strattec Security (STRT) Jumps: Stock Rises 7.3%
Strattec Security Corporation (STRT - Free Report) was a big mover last session, as the company saw its shares rise more than 7% 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 52.6% 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 Strattec Security. 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.
Strattec Security currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Another stock worth considering in the Automotive - Original Equipment industry is Magna International Inc. (MGA - Free Report) which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
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