Dish Network (DISH) Worth a Look: Stock Adds 5.0% in Session

Zacks Equity Research
October 3, 2013

Dish Network Corp. (DISH) was a big mover last session, as the company saw its shares increase about 5% on the day. The move came on the back of solid volume too, as far more shares changed hands than in a normal session. This reverses the recent trend for this cable tv company, as the stock is now trading above the volatile price range of $41.66-$44.46 in the past three-month time frame.

The company has seen 6 negative estimate revisions in the past few weeks and its earnings consensus has moved down over the past two months, suggesting there may be trouble down the road for DISH. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.

Dish Network currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some consumer discretionary stocks worth considering include Spectrum Brands Holdings, Inc. (SPB), Brown Shoe Co. Inc. (BWS) and La-Z-Boy Incorporated (LZB). All these carry a Zacks Rank #1 (Strong Buy).

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