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Ferrari (RACE) Soars: Stock Adds 7.3% in Session

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Ferrari N.V. (RACE - Free Report) was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 19.6% in the past one-month time frame.

The move came after the company reported solid full 2017 fiscal year results.

The company has seen a flat track record when it comes to estimate revisions over the past few weeks, while 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.

 

Ferrari currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Another stock worth considering in the Auto-Tires-Trucks sector is Commercial Vehicle Group, Inc. (CVGI - Free Report) which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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Commercial Vehicle Group, Inc. (CVGI) - free report >>

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