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VOXX International (VOXX) Looks Good: Stock Gains 11.5%
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VOXX International Corporation (VOXX - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after the company announced that it has entered into a definitive agreement to sell Hirschmann Car Communication GmbH and its worldwide subsidiaries ("Hirschmann") to a TE Connectivity Ltd unit. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 48% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate moved higher over the same time frame, suggesting 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.
VOXX International currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
Is VOXX going up? Or down? Predict to see what others think: Up or Down
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
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VOXX International (VOXX) Looks Good: Stock Gains 11.5%
VOXX International Corporation (VOXX - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after the company announced that it has entered into a definitive agreement to sell Hirschmann Car Communication GmbH and its worldwide subsidiaries ("Hirschmann") to a TE Connectivity Ltd unit. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 48% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days, while the Zacks Consensus Estimate moved higher over the same time frame, suggesting 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.
VOXX International currently carries a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%.
VOXX International Corporation Price
VOXX International Corporation Price | VOXX International Corporation Quote
Another top-ranked stock worth considering from the Electronics - Miscellaneous Products space is Siemens AG (SIEGY - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is VOXX going up? Or down? Predict to see what others think: Up or Down
Sell These Stocks. Now.
Just released, today's 220 Zacks Rank #5 Strong Sells demand urgent attention. If any are lurking in your portfolio or Watch List, they should be removed immediately. These are sinister companies because many appear to be sound investments. However, from 1988 through 2016, stocks from our Strong Sell list have actually performed 6X worse than the S&P 500.
See today's Zacks ""Strong Sells"" absolutely free >>