Methode Electronics, Inc. ( MEI ) was a big mover last session, as the company saw its shares rise nearly 16% on the day. 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 $31.60 to $34.81 in the past one-month time frame.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate has not been in a trend either. Yesterday's jump is encouraging though, so make sure to keep a close watch on this firm in the near future.
Methode Electronics currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Other stocks to consider in the computer and technology sector include AVX Corp. ( AVX ), Baidu, Inc. ( BIDU ) and Bitauto Holdings Limited ( BITA ). All of these sport a Zacks Rank #1.
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 >>
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
METHODE ELECT-A (MEI): Free Stock Analysis Report
BITAUTO HOLDNGS (BITA): Free Stock Analysis Report
BAIDU INC (BIDU): Free Stock Analysis Report
AVX CORP (AVX): 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.
