Boston Scientific (BSX) Catches Eye: Stock Jumps 5%
Boston Scientific Corporation BSX was a big mover last session, as the company saw its shares rise 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $37.87 –$42.35 in the past one-month time frame, witnessed a sharp increase yesterday.
The move came after the company reported better-than-expected third-quarter 2019 results.
The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future
Boston Scientific currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Boston Scientific Corporation Price
Investors interested in the Medical - Products industry may consider Owens & Minor, Inc. OMI, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.