Amedisys, Inc. ( AMED ) was a big mover last session with its shares surging over 25% 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 past one month's volatile price range of $15.49 to $16.69.
This provider of home health and hospice care services has seen one positive estimate revision over the past 30 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.
Amedisys currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.
Investors interested in the Home Health Care industry may also consider stocks like Gentiva Health Services Inc. ( GTIV ), AmSurg Corp. ( AMSG ) and RadNet, Inc. ( RDNT ).
While Gentiva sports the same Zacks Ra nk as Amedisys, AmSurg and RadNet hold a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportAMEDISYS INC (AMED): Free Stock Analysis ReportGENTIVA HEALTH (GTIV): Free Stock Analysis ReportAMSURG CORP (AMSG): Free Stock Analysis ReportRADNET INC (RDNT): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research