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Winnebago (WGO) Worth a Look: Stock Adds 6.2% in Session
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Winnebago Industries, Inc. (WGO - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was driven after the company announced better-than-expected second-quarter fiscal 2017 results. This also led to far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down almost 15% in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days, while the 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.
Is WGO going up? Or down? Predict to see what others think: Up or Down
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 2020. Click here for the 6 trades >>
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Winnebago (WGO) Worth a Look: Stock Adds 6.2% in Session
Winnebago Industries, Inc. (WGO - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The upside was driven after the company announced better-than-expected second-quarter fiscal 2017 results. This also led to far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down almost 15% in the past one-month time frame.
None of the estimates for this stock were revised in the last 30 days, while the 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.
Winnebago carries a Zacks Rank #3 (Hold).
A better-ranked stock in the broader sector is Conagra Brands, Inc. (CAG - Free Report) , carrying a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is WGO going up? Or down? Predict to see what others think: Up or Down
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 2020. Click here for the 6 trades >>