Dillard's, Inc. (DDS - Free Report) was a big mover last session, as its shares rose over 8% on the day. The move came after a new report suggested that the stock appears to be heading for an “infinity squeeze” akin to Volkswagen’s legendary short squeeze in 2008. This led to too far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 34% in the past one-month time frame.
The company has seen one negative estimate revision in the last 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. 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.
Dillard's currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is positive.
A better-ranked stock in the broader Retail-Wholesale space is Aaron's, Inc. (AAN - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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