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CH Robinson Worldwide (CHRW) Jumps: Stock Rises 5.2%
May 01, 2014

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CH Robinson Worldwide Inc. (CHRW - Free Report) was a big mover last session, as the company saw its shares rise over 5% 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 $55.63 to $57.70 since Apr 14.

The company has seen seven negative revisions in the 30 days, while its Zacks Consensus Estimate moved lower over the past 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 yesterday’s jump lasts.

CH Robinson Worldwide currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the transportation sector include American Airlines Group Inc. (AAL - Free Report) , Alaska Air Group, Inc. (ALK - Free Report) and American Railcar Industries, Inc. (ARII - Free Report) . All of these sport a Zacks Rank #1 (Strong Buy).

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