Back to top

Foot Locker (FL) Looks Good: Stock Adds 6% in Session

Read MoreHide Full Article

Foot Locker, Inc. (FL - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% 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 $55.85 to $60.05 in the past one-month time frame.

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

The company has seen three positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Foot Locker. 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.

Foot Locker currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Another stock worth considering in the Retail – Apparel and Shoes industry is Boot Barn Holdings, Inc. (BOOT - Free Report) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Zacks' Top 10 Stocks for 2019

In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?

From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 – 2017, they soared far above the market's +126.3%, reaching +181.9%.

This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.

See Stocks Today >>


In-Depth Zacks Research for the Tickers Above


Normally $25 each - click below to receive one report FREE:


Foot Locker, Inc. (FL) - free report >>

Boot Barn Holdings, Inc. (BOOT) - free report >>