Kindred Healthcare (KND) Looks Good: Stock Rises 6.3%
Kindred Healthcare Inc.KND was a big mover last session, as the company saw its shares rise over 6% 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 for the company as the stock is now down slightly over 29% in the last one month.
Though the company has not seen any revisions in the past 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Kindred Healthcare. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.
Kindred Healthcare currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
A better-ranked stock in the same space is Team Health Holdings, Inc. TMH , holding a Zacks Rank #2 (Buy).
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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