SCOTUS Ruling Should Not Stop Amazonization: ETFs in Focus
Chesapeake Energy Corporation CHK was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 41.6% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of one increase and six decreases over the past month, while the Zacks Consensus Estimate moved lower in the said time period. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Chesapeake Energy currently has a Zacks Rank #3 (Hold), while its Earnings ESP is 0.00%.
Chesapeake Energy Corporation Price
Chesapeake Energy Corporation Price | Chesapeake Energy Corporation Quote
A better-ranked stock in the Oil and Gas - Exploration and Production - United States industry is Bonanza Creek Energy, Inc. BCEI, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is CHK going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
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
Chesapeake Energy Corporation (CHK) : Free Stock Analysis Report
Bonanza Creek Energy, Inc. (BCEI) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research