Air Products and Chemicals, Inc. (APD Quick QuoteAPD - 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $233.08 to $250.87 in the past one-month time frame.

This move came after Air Products inked a $5 billion deal with Saudi-based ACWA Power International and the kingdom’s planned futuristic city of Neom for a hydrogen-based ammonia production facility.

The company has seen no movements when it comes to 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.

Air Products and Chemicals, Inc. Price

Air Products and Chemicals, Inc. price | Air Products and Chemicals, Inc. Quote

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

Another stock worth considering in the Chemical - Diversified industry is Koninklijke DSM N.V. which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

5 Stocks to Soar Past the Pandemic:

In addition to the companies you learned about above, we invite you to learn about 5 cutting-edge stocks that could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of the decade.

See the 5 high-tech stocks now>>