CH Robinson Worldwide (CHRW) Jumps: Stock Rises 5.2% - Tale of the Tape

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CH Robinson Worldwide Inc. ( CHRW ) was a big mover last session, as the company saw its shares rise over 5% 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 $55.63 to $57.70 since Apr 14.

The company has seen seven negative revisions in the 30 days, while its Zacks Consensus Estimate moved lower over the past same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's jump lasts.

CH Robinson Worldwide currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the transportation sector include American Airlines Group Inc. ( AAL ), Alaska Air Group, Inc. ( ALK ) and American Railcar Industries, Inc. ( ARII ). All of these sport a Zacks Rank #1 (Strong Buy).

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AMER AIRLINES (AAL): Free Stock Analysis Report

ALASKA AIR GRP (ALK): Free Stock Analysis Report

AMER RAILCAR (ARII): Free Stock Analysis Report

CH ROBINSON WWD (CHRW): Free Stock Analysis Report

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.



This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: AAL , ALK , ARII , CHRW

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