Advertisement
Canada markets close in 4 hours 59 minutes

  • S&P/TSX

    21,930.19
    +44.81 (+0.20%)
     

  • S&P 500

    5,104.66
    +56.24 (+1.11%)
     

  • DOW

    38,202.94
    +117.14 (+0.31%)
     

  • CAD/USD

    0.7307
    -0.0016 (-0.22%)
     

  • CRUDE OIL

    83.38
    -0.19 (-0.23%)
     

  • Bitcoin CAD

    87,326.15
    +680.07 (+0.78%)
     

  • CMC Crypto 200

    1,331.55
    -64.98 (-4.65%)
     

  • GOLD FUTURES

    2,342.50
    0.00 (0.00%)
     

  • RUSSELL 2000

    1,997.95
    +16.84 (+0.85%)
     

  • 10-Yr Bond

    4.6610
    -0.0450 (-0.96%)
     

  • NASDAQ

    15,949.02
    +337.26 (+2.16%)
     

  • VOLATILITY

    15.36
    -0.01 (-0.07%)
     

  • FTSE

    8,137.76
    +58.90 (+0.73%)
     

  • NIKKEI 225

    37,934.76
    +306.28 (+0.81%)
     

  • CAD/EUR

    0.6840
    +0.0019 (+0.28%)
     
MARKETS LIVE BLOG:

STOCKS RISE, LED BY STELLAR ALPHABET, MICROSOFT EARNINGS

Results from 'Magnificent Seven' duo show cloud revenue boosted by strong AI demand

Frontline Ltd. (FRO) in Focus: Stock Up 5.2% in Session

Zacks Equity Research

Frontline Ltd. (FRO) was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now down 25.91% over the past one-month time frame.

This shipping stock witnessed two positive estimate revisions over the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Frontline. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.

Frontline carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

However, some better-ranked stocks in the same industry include Ship Finance International Limited (SFL), Star Bulk Carriers Corp. (SBLK) and China COSCO Holdings Company Limited (CICOY). While Ship Finance International Limited and Star Bulk Carriers sport a Zacks Rank #1 (Strong Buy), China COSCO Holdings Company Limited carries 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 >>





FRONTLINE LTD (FRO): Free Stock Analysis Report

SHIP FINANCE INTERNATIONAL LTD (SFL): Free Stock Analysis Report

STAR BULK CARRIERS CORP (SBLK): Free Stock Analysis Report

CHINA COSCO HOLDINGS (CICOY): Free Stock Analysis Report


Zacks Investment Research