Edwards Lifesciences Corp. (EW) was a big mover last session, as the company saw its shares rise 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $70.94 to $75.19 in the past one month.
In the last 30 days, the company has seen a seen 1 positive estimate revision, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Edwards Lifesciences currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Some better-ranked stocks in the Med Products industry space include Enzymotec Ltd. (ENZY), Covidien plc (COV), and Owens & Minor Inc. (OMI). While Enzymotec carries a Zacks Rank #1 (Strong Buy), Covidien and Owens & Minor hold a Zacks Rank #2 (Buy).
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EDWARDS LIFESCIENCES CORP (EW): Free Stock Analysis Report
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