Ross Stores (ROST) was a big mover last session, as the company saw its shares gain over 7% on the day. This rally higher can be attributable to solid volume with far more shares changing hands than in a normal session. This continues the most recent uptrend of the company, as the stock is now up 16.8% in the past one-month time frame.
The company has seen 8 positive estimate revisions in the past one month, while its Zacks Consensus Estimate also rose higher over the same timeframe, suggesting that more solid trading could be ahead for the company. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Ross Stores currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Other better ranked stocks in the retail sector include The Men’s Wearhouse Inc. (MW) and Citi Trends, Inc. (CTRN), carrying a Zacks Rank #1 (Strong Buy) and Michael Kors Holdings Limited (KORS) with a Zacks Rank #2 (Buy).
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 >>
ROSS STORES INC (ROST): Free Stock Analysis Report
MENS WEARHOUSE INC (MW): Free Stock Analysis Report
CITI TRENDS INC (CTRN): Free Stock Analysis Report
MICHAEL KORS HOLDINGS LTD (KORS): Free Stock Analysis Report
Zacks Investment Research