Tiffany & Co. ( TIF ) was a big mover last session, as the company saw its shares rise over 9% 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 $85.45 to $90.75 in the past one-month time frame.
Over the past, 30 days, the company witnessed a positive and a negative estimate revision, while the Zacks Consensus Estimate went up suggesting more solid trading ahead. 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.
Tiffany currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Other better-ranked retail jewelry stocks worth considering include Zale Corporation
), Movado Group, Inc.
) and Signet Jewelers Limited
). While Zale sports a Zacks Rank #1 (Strong Buy), Movado and Signet Jewelers 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 reportMOVADO GRP INC (MOV): Free Stock Analysis ReportSIGNET JEWELERS (SIG): Free Stock Analysis ReportTIFFANY & CO (TIF): Free Stock Analysis ReportZALE CORP NEW (ZLC): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research