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MARKETS LIVE BLOG:

STOCKS SLIDE AFTER META'S REALITY CHECK, WITH GDP ON DECK

Owner of Facebook and Instagram plans to spend up to US$10B on AI infrastructure investments

Kroger (KR) Catches Eye: Stock Jumps 6.1%

Zacks Equity Research
Updated

The Kroger Co. KR was a big mover last session, as the company saw its shares rise more than 6% 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 of the company, as the stock is now up 22.1% in the past one-month time frame.

The move came after the company reported better-than-expected third-quarter fiscal 2017 results.

The company has seen one each positive and negative estimate revision in the past one month, while its Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Kroger currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

Kroger Company (The) Price

Kroger Company (The) Price | Kroger Company (The) Quote

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A better-ranked stock in the Retail - Supermarkets industry is Wal-Mart Stores, Inc. WMT, 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 KR going up? Or down? Predict to see what others think:

Up or

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Wal-Mart Stores, Inc. (WMT) : Free Stock Analysis Report
 
Kroger Company (The) (KR) : Free Stock Analysis Report
 
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Zacks Investment Research