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The Cooper (COO) Soars: Stock Adds 5.4% in Session

Zacks Equity Research
·2 mins read

The Cooper Companies, Inc. COO was a big mover last session, as the company saw its shares rise nearly 5% 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 6.4% in the past one-month time frame.

The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for The Cooper. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

The Cooper currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

 

The Cooper Companies, Inc. Price

The Cooper Companies, Inc. Price
The Cooper Companies, Inc. Price

The Cooper Companies, Inc. price | The Cooper Companies, Inc. Quote

 

A better-ranked stock in the Medical sector is Biolase Inc BIOL, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


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The Cooper Companies, Inc. (COO) : Free Stock Analysis Report
 
Biolase, Inc. (BIOL) : Free Stock Analysis Report
 
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Zacks Investment Research