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Azure Power (AZRE) Jumps: Stock Rises 9.2%
Azure Power Global Limited was a big mover last session, as the company saw its shares rise more than 9% 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 33.1% in the past one-month time frame.
The company has seen no estimate revision in the past month, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Azure Power currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Azure Power Global Limited Price
Azure Power Global Limited price | Azure Power Global Limited Quote
Another stock worth considering in the Oils-Energy sector is Murphy USA Inc. (MUSA - Free Report) which carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2021.
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