Abercrombie & Fitch Co. (ANF) was a big mover last session, as the company saw its shares rise almost 6% on the day. This rise can be attributable to solid volume too with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock has risen 6.4% since Nov 26.
Abercrombie & Fitch witnessed 18 downward estimate revisions and the Zacks Consensus Estimate also went down, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Abercrombie & Fitch currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Other players in the retail industry, which look attractive at current levels, include Hanesbrands Inc. (HBI) with a Zacks Rank #1 (Strong Buy) along with Best Buy Co., Inc (BBY) and Michael Kors Holdings Limited (KORS) carrying a Zacks Rank #2 (Buy).
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>
ABERCROMBIE & FITCH CO (ANF): Free Stock Analysis Report
HANESBRANDS INC (HBI): Free Stock Analysis Report
BEST BUY INC (BBY): Free Stock Analysis Report
MICHAEL KORS HOLDINGS LTD (KORS): Free Stock Analysis Report
Zacks Investment Research