Strength Seen in China Distance Education (DL): Stock Surges 13.5% - Tale of the Tape


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China Distance Education Holdings Limited ( DL ) was a big mover last session, as the company saw its shares rise closer to 14% 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 over 42% in the past one-month timeframe.

The company has seen one positive revision in the past one week and its Zacks Consensus Estimate also moved higher over the same time frame, suggesting that more solid trading could be ahead for China Distance Education. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

China Distance Education currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some well-placed stocks in the Internet content sector include Taomee Holdings Ltd. ( TAOM ), Tucows Inc. ( TCX ) and Brightcove, Inc. ( BCOV ).  While Taomee and Tucows carry a Zacks Rank #1 (Strong Buy), Brightcove holds a Zacks Rank #2 (Buy).

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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 Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
More Headlines for: BCOV , DL , TAOM , TCX

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