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Winnebago Industries (WGO) Looks Good: Stock Jumps 14.2%

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Winnebago Industries, Inc. (WGO - Free Report) was a big mover last session, as the company saw its shares rise a little above 14% on the day. The upside was driven by the company’s improved financial results for the third quarter of fiscal 2017. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $24.80 to $29.85 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
 
Winnebago Industries currently carries a Zacks Rank #3 (Hold).

Winnebago Industries, Inc. Price

 

A better-ranked stock in the broader consumer goods sector is B&G Foods, Inc. (BGS - Free Report) , which holds a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is WGO going up? Or down? Predict to see what others think: Up or Down

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