Back to top

Image: Bigstock

Twitter (TWTR) in Focus: Stock Moves 5.1% Higher

Read MoreHide Full Article

Twitter, Inc. 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 continues the recent uptrend for the company as the stock is now up  27% in the past one-month time frame.

The move came after reports came that the social media giant is set to join the S&P 500 index.

The company has seen 10 positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past months, suggesting that more solid trading could be ahead for Twitter. 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.

 

Twitter currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Another stock worth considering in the Computer and Technology sector is Attunity Ltd. which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +21.9% in 2017, our top stock-picking screens have returned +115.0%, +109.3%, +104.9%, +98.6%, and +67.1%.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - 2017, the composite yearly average gain for these strategies has beaten the market more than 19X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>

Published in