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iQIYI, Inc. (IQ) in Focus: Stock Moves 6.4% Higher
iQIYI, Inc. (IQ - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on Friday. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 50% in the past one-month time frame.
The company has not seen any estimate revision in the past month, while the Zacks Consensus Estimate hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
iQIYI, Inc. currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
IQIYI INC-ADR Price
IQIYI INC-ADR Price | IQIYI INC-ADR Quote
A better-ranked stock in the Film and Television Production and Distribution industry is IMAX Corporation (IMAX - Free Report) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is IQ going up? Or down? Predict to see what others think: Up or Down
The Hottest Tech Mega-Trend of All
Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>