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Sohu.com (SOHU) Catches Eye: Stock Adds 11.7% in Session
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Sohu.com Inc. (SOHU - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after company’s search engine subsidiary Sogou is on a “very good trajectory” as it prepares for a public listing in the U.S. 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 almost 25% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sohu.com currently carries a Zacks Rank #3 (Hold).
Is SOHU going up? Or down? Predict to see what others think: Up or Down
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Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
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Sohu.com (SOHU) Catches Eye: Stock Adds 11.7% in Session
Sohu.com Inc. (SOHU - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after company’s search engine subsidiary Sogou is on a “very good trajectory” as it prepares for a public listing in the U.S. 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 almost 25% in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Sohu.com currently carries a Zacks Rank #3 (Hold).
Sohu.com Inc. Price
Sohu.com Inc. Price | Sohu.com Inc. Quote
A better-ranked stock in the Internet - Services space is Tencent Holding Ltd. (TCEHY - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is SOHU going up? Or down? Predict to see what others think: Up or Down
Will You Make a Fortune on the Shift to Electric Cars?
Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
See This Ticker Free >>