CH Robinson Worldwide (CHRW) Jumps: Stock Rises 5.2%

Zacks

CH Robinson Worldwide Inc. (CHRW) was a big mover last session, as the company saw its shares rise over 5% 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 $55.63 to $57.70 since Apr 14.

The company has seen seven negative revisions in the 30 days, while its Zacks Consensus Estimate moved lower over the past same time frame, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if yesterday’s jump lasts.

CH Robinson Worldwide currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the transportation sector include American Airlines Group Inc. (AAL), Alaska Air Group, Inc. (ALK) and American Railcar Industries, Inc. (ARII). All of these sport a Zacks Rank #1 (Strong Buy).

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CH ROBINSON WORLDWIDE INC (CHRW): Free Stock Analysis Report

AMERICAN AIRLINES GROUP INC (AAL): Free Stock Analysis Report

ALASKA AIR GROUP INC (ALK): Free Stock Analysis Report

AMERICAN RAILCAR INDUSTRIES ND (ARII): Free Stock Analysis Report


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