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Telephone and Data Systems (TDS) in Focus: Stock Moves 6.7% Higher

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Telephone and Data Systems, Inc. (TDS - Free Report) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $15.26–$19.44 in the past one-month time frame, witnessed a sharp increase on Friday.

The company has seen one positive estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Telephone and Data Systems. 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.

Telephone and Data Systems currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the utilities sector is Hawaiian Electric Industries, Inc. (HE - Free Report) , holding a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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Hawaiian Electric Industries, Inc. (HE) - free report >>

Telephone and Data Systems, Inc. (TDS) - free report >>

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