Taomee Holdings Ltd.
) was a big mover last session, as the company saw its shares
rise by over 20% 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 past one month's volatile price range of $4.89
This entertainment and media company has seen one
positiveestimate revision in the last 60 days, and the Zacks
Consensus Estimate has also moved higher over the same period.
This implies more solid trading ahead for the company. So make
sure to keep an eye on this stock going forward to see if
yesterday's rally can turn into more strength down the road.
Taomee Holdings currently has a Zacks Rank #1 (Strong Buy)
Some other stocks worth considering in the Internet Content
XO Group Inc.
). While XO Group carries a Zacks Rank #2 (Buy), Tucows and YY
Inc. hold the same Zacks Rank as Taomee Holdings.
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