New Oriental Education & Technology Group Inc.EDU was a big mover last session, as its shares rose almost 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 25% in the past one-month time frame.
The company has seen two positive and one negative estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
New Oriental currently carries a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
New Oriental Education & Technology Group, Inc. Price
A better-ranked stock in the Schools space is Bridgepoint Education, Inc. BPI , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.
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With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
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