Markets
ENV

Envestnet (ENV) Worth a Look: Stock Adds 6.6% in Session

Envestnet, Inc.ENV was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume 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 $37.95 to $40.20 in the past one-month time frame.

None of the estimates for this stock were revised in the last 30 days and the Zacks Consensus Estimate also remained unchanged. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Currently, Envestnet carries a Zacks Rank #2 (Buy).

Envestnet, Inc Price

Envestnet, Inc Price | Envestnet, Inc Quote

Another similarly-ranked stock in the same industry is Kadant Inc. KAI . You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is ENV going up? Or down? Predict to see what others think: Up or Down

One Simple Trading Idea

Since 1988, the Zacks system has more than doubled the S&P 500 with an average gain of +25% per year. With compounding, rebalancing, and exclusive of fees, it can turn thousands into millions of dollars. This proven stock-picking system is grounded on a single big idea that can be fortune shaping and life changing. You can apply it to your portfolio starting today. Learn more >>

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

Kadant Inc (KAI): Free Stock Analysis Report

Envestnet, Inc (ENV): Free Stock Analysis Report

To read this article on Zacks.com click here.

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


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

In This Story

ENV KAI

Other Topics

Investing Stocks