Toyota (TM) in Focus: Stock Moves 5.5% Higher
Toyota Motor Corporation TM was a big mover last session, as the company saw its shares rise nearly 6% 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 $134.46 to $144.11 in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Toyota. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Toyota currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Toyota Motor Corporation Price
Toyota Motor Corporation price | Toyota Motor Corporation Quote
Investors interested in the Automotive - Foreign industry may consider Honda Motor Co., Ltd. HMC, which has a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
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Honda Motor Co., Ltd. (HMC) : Free Stock Analysis Report
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