Noah Holdings Limited ( NOAH ) was a big mover last session, as the company saw its shares rise more than 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 $13.74 to $15.46 over the past one-month time frame.
None of the estimates for this investment management stock were revised over the past 30 days. The Zacks Consensus Estimate however moved up over the same time frame, suggesting that more solid trading could be ahead for Noah Holdings. 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.
Noah Holdings carries a Zacks Rank #3 (Hold), while its Earnings ESP
However, some better-ranked stocks in the same industry include Cohen & Steers Inc. ( CNS
), SEI Investments Co. ( SEIC
) and Affiliated Managers Group Inc. ( AMG
). While Cohen & Steers and SEI Investments sport a Zacks Rank #1 (Strong Buy), Affiliated Managers Group carries 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 reportNOAH HLDGS LTD (NOAH): Free Stock Analysis ReportCOHEN&STRS INC (CNS): Free Stock Analysis ReportSEI INVESTMENTS (SEIC): Free Stock Analysis ReportAFFIL MANAGERS (AMG): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research