The Walt Disney Company ( DIS ) was a big mover last session, as the company saw its shares rise a little over 5% on the day. This jump can be attributable to solid volume too with far more shares changing hands than in a normal session. This stock, trading in a volatile price range of $69.99 to $76.34 in the past one-month time frame, showed a pick-up yesterday at $75.56.
The company has seen four positive revisions over the past 30 days, while its Zacks Consensus Estimate moved higher over the same time period, suggesting that more solid trading could be ahead for this major media conglomerate. So make sure to keep an eye on this stock going forward to see if yesterday's gain can turn into more strength down the road.
Walt Disney currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Other media stocks worth considering include DreamWorks Animation SKG Inc. ( DWA ) with a Zacks Rank #1 (Strong Buy) and Time Warner Cable Inc. ( TWC ) and Entercom Communications Corp. ( ETM ) with a Zacks Rank #2 (Buy)
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