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Nustar Energy (NS) Looks Good: Stock Adds 6.3% in Session

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Nustar Energy L.P. 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 reverses the recent trend for the company—as the stock is now down 11.4% in the past one-month time frame.

The move came after the company reported solid third-quarter 2018 results.

The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Nustar Energy currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Investors interested in the Oil and Gas - Production Pipeline - MLB industry may consider a better-ranked stock like Enterprise Products Partners L.P. (EPD - Free Report) , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

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