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Fiat Chrysler (FCAU) Catches Eye: Stock Jumps 6.2%

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Fiat Chrysler Automobiles N.V. (FCAU - 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 reverses the recent trend for the company as the stock is now down 6.3% in the past one-month time frame.

The move came after the company reported that its U.S. sales of vehicles in December 2018 rose 14% from the December 2017 level.

The company has seen no estimate revisions 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.

Fiat Chrysler currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.  

Another stock worth considering in the Automotive – Foreign industry is Honda Motor Co., Ltd. (HMC - 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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