TiVo Corporation was a big mover last session, as the company saw its shares rise more than 11% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 5.5% in the past one-month time frame.

The move came after the potential buyers made offers to purchase the company worth slightly higher than $20 per share.

The company has not seen any estimate revisions over the past month and the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

TiVo Corporation currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

A better-ranked stock in the Internet - Services industry is Autohome Inc. (ATHM Quick QuoteATHM - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see  the complete list of today’s Zacks #1 Rank stocks here.

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

Zacks Editor-in-Chief Goes "All In" on This Stock
 
Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

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