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TrueCar (TRUE) in Focus: Stock Moves 10.1% Higher
TrueCar, Inc. (TRUE - Free Report) was a big mover last session, as the company saw its shares rise more than 10% on the day. 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 14.9% in the past one-month time frame.
The upmove came after the stock received an analyst upgrade along with positive views.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
TrueCar currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
TrueCar, Inc. Price
TrueCar, Inc. price | TrueCar, Inc. Quote
A better-ranked stock in the Internet - Services industry is Dropbox, Inc. (DBX - 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.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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