Clovis Oncology, Inc. ( CLVS ) was a big mover last session, as its shares rose over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the downtrend for the healthcare company since May 15, as the stock is now down over 31%.
In the last 30 days, the company has seen a mixed track record when it comes to estimate revisions of two increases and two decreases. However, the Zacks Consensus Estimate moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
Clovis Oncology currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Other better-ranked stocks in the medical sector include Gilead Sciences Inc.
), ANI Pharmaceuticals, Inc.
) and Illumina Inc.
). All three sport a Zacks Rank #1 (Strong Buy).
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 report >>
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 reportCLOVIS ONCOLOGY (CLVS): Free Stock Analysis ReportGILEAD SCIENCES (GILD): Free Stock Analysis ReportANI PHARMACEUT (ANIP): Free Stock Analysis ReportILLUMINA INC (ILMN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research