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GPS

Gap Inc. (GPS) Looks Good: Stock Adds 7.8% in Session

Gap Inc.GPS was a big mover last session, as the company saw its shares rise more than 7% on Friday. 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 volatile price range of $30.56 to $33.33 in the past one-month time frame.

The move came after the company reported solid fourth-quarter fiscal 2017 results.

The company has seen two positive estimate revisions in the past one month, while the Zacks Consensus Estimate has also moved higher over the said time period, suggesting that more solid trading could be ahead for Gap. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Gap currently has a Zacks Rank #2 (Buy), while its Earnings ESP is positive.

Gap, Inc. (The) Price

Gap, Inc. (The) Price | Gap, Inc. (The) Quote

Investors interested in the Retail - Apparel and Shoes industry may consider American Eagle Outfitters, Inc. AEO , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

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

The Hottest Tech Mega-Trend of All

Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>

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American Eagle Outfitters, Inc. (AEO): Free Stock Analysis Report

Gap, Inc. (The) (GPS): Free Stock Analysis Report

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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.


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

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