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Strength Seen in Aaron's (AAN): Stock Soars 17.04%
Aaron's, Inc. (AAN - Free Report) was a big mover last session, as the company saw its shares rise over 17% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.The stock picked up sharply from the near-flat trend of $37.71 to $40.26 in the past one month time frame.
The upside was driven by the acquisition news its largest franchisee, SEI/Aaron’s, Inc.
The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Aaron's currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Aaron's, Inc. Price and EPS Surprise
Aaron's, Inc. Price and EPS Surprise | Aaron's, Inc. Quote
Another stock worth considering in the Retail-Wholesale sector is Alibaba Group Holding Limited (BABA - Free Report) which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is AAN going up? Or down? Predict to see what others think: Up or Down
More Stock News: 8 Companies Verge on Apple-Like Run
Did you miss Apple's 9X stock explosion after they launched their iPhone in 2007? Now 2017 looks to be a pivotal year to get in on another emerging technology expected to rock the market. Demand could soar from almost nothing to $42 billion by 2025. Reports suggest it could save 10 million lives per decade which could in turn save $200 billion in U.S. healthcare costs.
A bonus Zacks Special Report names this breakthrough and the 8 best stocks to exploit it. Like Apple in 2007, these companies are already strong and coiling for potential mega-gains.
Click to see them right now >>