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MARKETS LIVE BLOG:

STOCK FUTURES 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

Lamar Advertising (LAMR) Jumps: Stock Rises 5.2%

Zacks Equity Research

Lamar Advertising Co. (LAMR) was a big mover last session, as the company saw its shares rise over 5% 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 $49.73 to $52.26 since Mar 24.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Other stocks worth consideration in the consumer discretionary sector include Caesars Acquisition Company (CACQ), The Dixie Group, Inc. (DXYN) and Glu Mobile, Inc. (GLUU). All of these sport a Zacks Rank #1 (Strong Buy).

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LAMAR ADVERTISING CO CL A (LAMR): Free Stock Analysis Report

CAESARS ACQUISITION CO CL A (CACQ): Free Stock Analysis Report

DIXIE GROUP INC (DXYN): Free Stock Analysis Report

GLU MOBILE INC (GLUU): Free Stock Analysis Report


Zacks Investment Research