Plains All American Pipeline, L.P. (PAA - Free Report) was a big mover last session, as the company saw its shares rise over 5%. 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 $27.15 to $30.06 in the past one-month time frame.
In the past month, the company has not seen any estimate revision and its Zacks Consensus Estimate also remained unchanged. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Plains All American currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
A better-ranked stock in the oil and gas pipeline industry is PBF Logistics LP (PBFX - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
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