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Fred's (FRED) Catches Eye: Stock Jumps 10.2%

Zacks Equity Research

Fred's, Inc. (FRED) was a big mover last session, as the company saw its shares rise over 10% 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 more than 16% since Feb 21, 2014.

Over the last 7 days, the company saw no estimate revision and the Zacks Consensus Estimate remained unchanged. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Fred’s currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the consumer staples sector include Diamond Foods Inc. (DMND), Post Holdings Inc. (POST) and The Hain Celestial Group Inc. (HAIN). All of these stocks sport a Zacks Rank #2 (Buy).

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FRED'S INC (FRED): Free Stock Analysis Report

DIAMOND FOODS INC (DMND): Free Stock Analysis Report

HAIN CELESTIAL GROUP INC (HAIN): Free Stock Analysis Report

POST HOLDINGS INC (POST): Free Stock Analysis Report

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