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Polaris Industries (PII) Looks Good: Stock Adds 15.2% In Session
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Polaris Industries Inc. (PII - Free Report) was a big mover last session, as the company saw its shares rise over 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $103.05–$106.92 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company reported better-than-expected results.
The company has seen two positive estimate revisions in the past one month compared to no negative revisions. The Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame, suggesting that more solid trading could be ahead for Polaris. 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.
Polaris currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Is PII going up? Or down? Predict to see what others think: Up or Down
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While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
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Polaris Industries (PII) Looks Good: Stock Adds 15.2% In Session
Polaris Industries Inc. (PII - Free Report) was a big mover last session, as the company saw its shares rise over 15% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $103.05–$106.92 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company reported better-than-expected results.
The company has seen two positive estimate revisions in the past one month compared to no negative revisions. The Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame, suggesting that more solid trading could be ahead for Polaris. 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.
Polaris currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Polaris Industries Inc. Price and Consensus
Polaris Industries Inc. Price and Consensus | Polaris Industries Inc. Quote
Another stock worth considering from the Leisure and Recreation Products industry is Malibu Boats, Inc.(MBUU - Free Report) which also carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is PII going up? Or down? Predict to see what others think: Up or Down
Zacks' Hidden Trades
While we share many recommendations and ideas with the public, certain moves are hidden from everyone but selected members of our portfolio services. Would you like to peek behind the curtain today and view them?
Starting now, for the next month, I invite you to follow all Zacks' private buys and sells in real time from value to momentum...from stocks under $10 to ETF to option movers...from insider trades to companies that are about to report positive earnings surprises (we've called them with 80%+ accuracy). You can even look inside portfolios so exclusive that they are normally closed to new investors.
Click here for Zacks' secret trade>>