United Natural Foods, Inc. (UNFI - Free Report) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $42.67 –$46.16 in the past one-month time frame, witnessed a sharp increase on Friday.
The move came after the company posted second quarter fiscal 2018 financial results.
The company has seen five positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for United Natural Foods. 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.
United Natural Foods currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Another stock worth considering in the Consumer Staples sector is The J. M. Smucker Company (SJM - Free Report) which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
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