Cerner Corporation (CERN - 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. The stock picked up sharply from the near-flat trend of $60.24 –$63.71 in the past one month time frame.
The move came after the company reported solid second-quarter 2018 results.
The company has seen a mixed track record when it comes to estimate revisions of no increases and one decrease over the past few weeks, while 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.
Cerner currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Cerner Corporation Price
A better-ranked stock in the Medical Info Systems industry is Invitae Corporation (NVTA - 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.
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