Fluidigm Corporation ( FLDM ) was a big mover last session, as its shares rose 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 trend for the company since Aug 6, as the stock is now trading above the volatile price range of $26.00 to $28.05.
In the last 30 days, the company witnessed two positive estimate revisions and the Zacks Consensus Estimate also 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.
Fluidigm Corp. currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Other better-ranked stocks in the med-instrument industry include Alphatec Holdings, Inc. ( ATEC
), ERBA Diagnostics, Inc. ( ERB
) and RTI Surgical Inc. ( RTIX
). All three sport a Zacks Rank #1 (Strong 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 reportFLUIDIGM CORP (FLDM): Free Stock Analysis ReportRTI SURGICAL (RTIX): Free Stock Analysis ReportERBA DIAGNOSTIC (ERB): Get Free ReportALPHATEC HLDGS (ATEC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research