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Dover (DOV) Looks Good: Stock Adds 6.1% in Session
Dover (DOV - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $2.30 to $3.50 in the past one-month time frame.
The company has seen five positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Dover. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Dover (DOV - Free Report) currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Dover Corporation Price
Dover Corporation Price | Dover Corporation Quote
A better-ranked stock in the Industrial Products sector is Barnes Group, Inc. (B - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is DOV 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 >>