Sportsman's Warehouse (SPWH) Catches Eye: Stock Jumps 6.9%
Sportsman's Warehouse Holdings, Inc. SPWH was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $15.94–$17.43 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen two positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Sportsman's Warehouse. 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.
Sportsman's Warehouse currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Sportsmans Warehouse Holdings, Inc. Price
Another stock worth considering in the Retail - Apparel and Shoes industry is Tapestry, Inc TPR which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
These Stocks Are Poised to Soar Past the Pandemic
The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful of high-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.
Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.
Click to get this free report
Sportsmans Warehouse Holdings, Inc. (SPWH): Free Stock Analysis Report
Tapestry, Inc. (TPR): Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.