Louisiana-Pacific (LPX) Looks Good: Stock Adds 5.1% in Session
Louisiana-Pacific Corporation LPX was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $23.74 –$25.73 in the past one-month time frame, witnessed a sharp increase on Friday.
The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, 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.
Louisiana-Pacific currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Louisiana-Pacific Corporation Price
Louisiana-Pacific Corporation Price | Louisiana-Pacific Corporation Quote
Investors interested in the Construction sector may consider Great Lakes Dredge & Dock Corporation GLDD, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is LPX going up? Or down? Predict to see what others think:Up or Down
Is Your Investment Advisor Fumbling Your Financial Future?
See how you can more effectively safeguard your retirement with a new Special Report, “4 Warning Signs Your Investment Advisor Might Be Sabotaging Your Financial Future.”
Click to get it free >>
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
Louisiana-Pacific Corporation (LPX) : Free Stock Analysis Report
Great Lakes Dredge & Dock Corporation (GLDD) : Free Stock Analysis Report
To read this article on Zacks.com click here.
Zacks Investment Research
