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TPI Composites, Inc. (TPIC - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.14 to $27.77 in the past one-month time frame.
The stock gained following news that the company has signed multiyear supply agreement with Vestas Wind Systems to provide blades for India and export markets.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TPI Composites currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Is TPIC going up? Or down? Predict to see what others think:Up or Down
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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%.
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TPI Composites (TPIC) Jumps: Stock Rises 7.9%
TPI Composites, Inc. (TPIC - Free Report) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $23.14 to $27.77 in the past one-month time frame.
The stock gained following news that the company has signed multiyear supply agreement with Vestas Wind Systems to provide blades for India and export markets.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TPI Composites currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
TPI Composites, Inc. Price
TPI Composites, Inc. Price | TPI Composites, Inc. Quote
Investors interested in the Industrial Services industry may consider DMC Global Inc. (BOOM - Free Report) , which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is TPIC 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>>