WebMD Health (WBMD) Worth Watching: Stock Soars 16.5% - Tale of the Tape


WebMD Health Corp. ( WBMD ) was a big mover last session, as the company saw its shares rise over 16% 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 $37.67 to $43.02.

This online provider of health information services has seen two positive estimate revisions in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential 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.

WebMD Health currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Other Internet stocks worth considering include Taomee Holdings Ltd. ( TAOM ), YY Inc. ( YY ) and Global Eagle Entertainment Inc. ( ENT ). While TAOM sports a Zacks Rank #1 (Strong Buy), YY and ENT hold the same Zacks Rank as WBMD.

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 report >>

GLOBAL EAGL ENT (ENT): Free Stock Analysis Report

TAOMEE HOLDINGS (TAOM): Free Stock Analysis Report

WEBMD HEALTH CP (WBMD): Free Stock Analysis Report

YY INC-ADR (YY): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of The NASDAQ OMX Group, Inc.

This article appears in: Investing , Investing Ideas , Stocks

Referenced Stocks: ENT , TAOM , WBMD , YY

Find a Credit Card

Select a credit card product by:
Select an offer:
Data Provided by BankRate.com