We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Image: Bigstock
Andeavor (ANDV) Soars: Stock Adds 13% in Session
Andeavor was a big mover last session, as the company saw its shares rise 13% 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 37.6% in the past one-month time frame.
The stock was driven by rumors of a potential buyout of the company by Marathon Petroleum for more than $20 billion.
The company has seen a mixed track record when it comes to estimate revisions of one increase and seven decreases over the past month, while the Zacks Consensus Estimate has moved lower in the said time period. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.
Andeavor currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
Investors interested in the Oil and Gas - Refining and Marketing industry may consider RGC Resources, Inc. (RGCO - 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 ANDV going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
Click for details >>