Middleby (MIDD) Looks Good: Stock Adds 5.3% in Session - Tale of the Tape
Middleby Corp. ( MIDD ) was a big mover last session, as the company saw its shares rise over 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company - as the stock is now up nearly 12% since May 21, 2014.
The company has seen no estimate revision over the past 7 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Middleby currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Investors interested in the diversified machinery industry may consider stocks like Blount International Inc. ( BLT ), IDEX Corporation ( IEX ) and Illinois Tool Works Inc. ( ITW ). All these stocks have a Zacks Rank #2 (Buy).
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MIDDLEBY CORP (MIDD): Free Stock Analysis Report
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