Yelp, Inc. ( YELP ) was a big mover last session, as the company saw its shares rise nearly 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 15.35% over the past one-month time frame.
None of the estimates for this Internet content stock were revised over the past 30 days. The Zacks Consensus Estimate however moved down the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday's move higher lasts.
Yelp carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
However, some better-ranked stocks in the same sector include Global Eagle Entertainment Inc. ( ENT ), Taomee Holdings Ltd. ( TAOM ) and YY Inc. ( YY ). All these stocks sport a Zacks Rank #1 (Strong Buy).
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