RH Catches Eye: Stock Jumps 7.6%
RH RH was a big mover last session, as the company saw its shares rise nearly 8% 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 $172.68 –$188.59 in the past one-month time frame, witnessed a sharp increase on Friday.
The stock gained after Berkshire Hathaway revealed a new stake in the company.
The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
RH currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Restoration Hardware Holdings Inc. Price
Restoration Hardware Holdings Inc. price | Restoration Hardware Holdings Inc. Quote
Investors interested in the Retail-Wholesale sector may consider Buckle, Inc. BKE, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is RH going up? Or down? Predict to see what others think:Up or Down
7 Best Stocks for the Next 30 Days
Just released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers “Most Likely for Early Price Pops.”
Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.5% per year. So be sure to give these hand-picked 7 your immediate attention.
See them now >>
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
Buckle, Inc. (The) (BKE) : Free Stock Analysis Report
Restoration Hardware Holdings Inc. (RH) : Free Stock Analysis Report
To read this article on Zacks.com click here.
