J.B. Hunt Transport Services, Inc. (JBHT - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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 $109.21–$120.77 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company reported strong first-quarter 2018 results.
The company has seen two downward estimate revisions and no upward revisions over the past few weeks and 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.
J.B. Hunt currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the Transportation - Truck industry is Landstar System, Inc. (LSTR - 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 JBHT going up? Or down? Predict to see what others think: Up or Down
Breaking News: Cryptocurrencies Now Bigger than Visa
The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley, Goldman Sachs and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved.
Zacks has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market.
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