Back to top

Image: Bigstock

Twitter (TWTR) Catches Eye: Stock Jumps 9.5%

Read MoreHide Full Article

Twitter, Inc. was a big mover last session, as the company saw its shares rise more than 9% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, trading within a volatile range of $22.16–$25.41 in the past one-month time frame, showed a sharp increase Friday.

The upside was driven by rumors of a potential takeover of the company.

The company has seen a mixed track record when it comes to estimate revisions of one increase and two decreases over the past one month, while the Zacks Consensus Estimate for the current quarter has moved lower. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Twitter currently has a Zacks Rank #2 (Buy), while its Earnings ESP is negative.

Investors interested in the Internet – Software industry may consider NICE Ltd. (NICE - Free Report) , which has a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

Zacks Top 10 Stocks for 2018

In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2018?

Last year's 2017 Zacks Top 10 Stocks portfolio produced double-digit winners, including FMC Corp. and VMware which racked up stellar gains of +67.9% and +61%. Now a brand-new portfolio has been handpicked from over 4,000 companies covered by the Zacks Rank. Don’t miss your chance to get in on these long-term buys.

Access Zacks Top 10 Stocks for 2018 today >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Nice (NICE) - free report >>

Published in