Advertisement
Canada markets close in 1 hour 23 minutes

  • S&P/TSX

    21,768.96
    +60.52 (+0.28%)
     

  • S&P 500

    4,968.40
    -42.72 (-0.85%)
     

  • DOW

    37,923.78
    +148.40 (+0.39%)
     

  • CAD/USD

    0.7270
    +0.0007 (+0.09%)
     

  • CRUDE OIL

    83.28
    +0.55 (+0.66%)
     

  • Bitcoin CAD

    88,554.77
    +1,841.45 (+2.12%)
     

  • CMC Crypto 200

    1,384.35
    +71.73 (+5.68%)
     

  • GOLD FUTURES

    2,410.60
    +12.60 (+0.53%)
     

  • RUSSELL 2000

    1,941.41
    -1.55 (-0.08%)
     

  • 10-Yr Bond

    4.6190
    -0.0280 (-0.60%)
     

  • NASDAQ

    15,299.71
    -301.79 (-1.93%)
     

  • VOLATILITY

    18.60
    +0.60 (+3.33%)
     

  • FTSE

    7,895.85
    +18.80 (+0.24%)
     

  • NIKKEI 225

    37,068.35
    -1,011.35 (-2.66%)
     

  • CAD/EUR

    0.6824
    +0.0003 (+0.04%)
     
MARKETS LIVE BLOG:

S&P 500 SLIPS BELOW 5,000; NASDAQ SINKS ON NETFLIX DRAG

Fed's Goolsbee says 'It makes sense to wait' before cutting rates

Chicago Bridge & Iron Company (CBI) Soars: Stock Adds 14.2% in Session

Zacks Equity Research
Updated

Chicago Bridge & Iron Company N.V.CBI was a big mover last session, as the company saw its shares rise more than 14% on the day. The move came on solid volume too with far more shares changing hands than in a normal session.

The move followed some reports on speculation over President Trump's supposedly leaked infrastructure plan.

The company has seen one negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

Chicago Bridge & Iron Company N.V. Price

Chicago Bridge & Iron Company N.V. Price | Chicago Bridge & Iron Company N.V. Quote

ADVERTISEMENT

 

Chicago Bridge & Iron Company currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP  is positive.

A better-ranked stock in the Construction sector is Granite Construction Incorporated GVA, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is CBI going up? Or down? Predict to see what others think: Up or Down

Today's Stocks from Zacks' Hottest Strategies

It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.

And this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.

See Them Free>>


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
 
Chicago Bridge & Iron Company N.V. (CBI) : Free Stock Analysis Report
 
Granite Construction Incorporated (GVA) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.