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Genworth Financial (GNW) Catches Eye: Stock Jumps 6.7%
Genworth Financial, Inc. (GNW - Free Report) was a big mover last session, as the company saw its shares rise almost 7% on the day. The upside was driven after the company reported strong second-quarter results. This also led to far more shares changing hands than in a normal session, resulting in solid volume. This continues the recent uptrend for the company as the stock is now up 76% in the past one-month time frame.
The company has seen one positive estimate revision over the last 30 days, while its Zacks Consensus Estimate moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Genworth Financial has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
A better-ranked stock in the same industry is Health Insurance Innovations, Inc. sporting a Zacks Rank #1 (Strong Buy).
Is GNW going up? Or down? Predict to see what others think: Up or Down
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