Middleby Corp. ( MIDD ) 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 continues the recent uptrend for the company - as the stock is now up nearly 12% since May 21, 2014.
The company has seen no estimate revision over the past 7 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Middleby currently has a Zacks Rank #4 (Sell) while its Earnings ESP
Investors interested in the diversified machinery industry may consider stocks like Blount International Inc.
), IDEX Corporation
) and Illinois Tool Works Inc.
). All these stocks have 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 reportMIDDLEBY CORP (MIDD): Free Stock Analysis ReportBLOUNT INTL (BLT): Free Stock Analysis ReportIDEX CORP (IEX): Free Stock Analysis ReportILL TOOL WORKS (ITW): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research