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Facebook (FB) Surges: Stock Moves 14.1% Higher
January 31, 2014

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Facebook, Inc. (FB - Free Report) was a big mover last session, as the company saw its shares rise by over 14% 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 $53.53 to $58.51 in the past one-month time frame.

This internet services company has seen one negative estimate revision in the past one month while its Zacks Consensus Estimate remained static over the same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if the recent move higher can last.

Facebook currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some better-ranked stocks in the same industry include Baidu, Inc. (BIDU - Free Report) , Healthstream Inc. (HSTM - Free Report) and Synacor, Inc. (SYNC - Free Report) . All these stocks hold a Zacks Rank #2 (Buy).

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