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AutoZone (AZO) in Focus: Stock Moves 5.1% Higher
AutoZone, Inc. (AZO - Free Report) 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 14.7% in the past one-month time frame.
The upmove came after the company reported solid fiscal second-quarter 2019 results (ended Feb 9, 2019).
The company's Zacks Consensus Estimate for the current quarter has moved higher over the past few weeks, suggesting that more solid trading could be ahead for Tailored Brands. 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.
AutoZone currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Investors interested in the Automotive – Retail and Wholesale - Parts industry may consider U.S. Auto Parts Network, Inc. (PRTS - 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 AZO going up? Or down? Predict to see what others think:Up or Down
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