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Louisiana-Pacific (LPX) Soars: Stock Adds 7.1% in Session
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Louisiana-Pacific Corporation (LPX - Free Report) was a big mover last session, as the company saw its shares rise over 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 $26.73–$30.74 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company reported better-than-expected fourth-quarter 2017 results.
The company has seen one positive estimate revision in the past two months. Its Zacks Consensus Estimate for the current quarter, however, has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Louisiana-Pacific currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Is LPX going up? Or down? Predict to see what others think: Up or Down
Don’t Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017.
Zacks’ has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
Image: Bigstock
Louisiana-Pacific (LPX) Soars: Stock Adds 7.1% in Session
Louisiana-Pacific Corporation (LPX - Free Report) was a big mover last session, as the company saw its shares rise over 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 $26.73–$30.74 in the past one-month time frame, witnessed a sharp increase yesterday.
The shares rose after the company reported better-than-expected fourth-quarter 2017 results.
The company has seen one positive estimate revision in the past two months. Its Zacks Consensus Estimate for the current quarter, however, has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Louisiana-Pacific currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Louisiana-Pacific Corporation Price and Consensus
Louisiana-Pacific Corporation Price and Consensus | Louisiana-Pacific Corporation Quote
Another stock worth considering in the Building Products - Wood industry is Boise Cascade, L.L.C. (BCC - Free Report) which also sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is LPX going up? Or down? Predict to see what others think: Up or Down
Don’t Even Think About Buying Bitcoin Until You Read This
The most popular cryptocurrency skyrocketed last year, giving some investors the chance to bank 20X returns or even more. Those gains, however, came with serious volatility and risk. Bitcoin sank 25% or more 3 times in 2017.
Zacks’ has just released a new Special Report to help readers capitalize on the explosive profit potential of Bitcoin and the other cryptocurrencies with significantly less volatility than buying them directly.
See 4 crypto-related stocks now >>