Strength Seen in NuStar Energy L.P. (NS): Stock Up 7.1%
NuStar Energy L.P. NS was a big mover last session, as the company saw its shares rise more than 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company as the stock is now down 15.21% in the past one-month time frame.
None of the estimates for this stock were revised in the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
NuStar Energy carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
A better-ranked stock in the oil/gas prod pipeline mlp industry is Boardwalk Pipeline Partners, LP BWP, with a Zacks Rank #1 (Strong Buy).
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Is NS going up? Or down? Predict to see what others think: Up or Down
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