U.S. markets closed

Veritone (VERI) Catches Eye: Stock Jumps 7.8%

Zacks Equity Research

Veritone, Inc. VERI 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 continues the recent uptrend for the company—as the stock is now up 68.8% in the past one-month time frame.

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.

Veritone currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Veritone, Inc. Price

Veritone, Inc. Price

Veritone, Inc. price | Veritone, Inc. Quote

Investors interested in the Technology Services industry may consider Blucora, Inc. BCOR, which has a Zacks Rank #1 (Strong Buy). 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.

See Zacks' 3 Best Stocks to Play This Trend >>


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
 
Blucora, Inc. (BCOR) : Free Stock Analysis Report
 
Veritone, Inc. (VERI) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research