Advertisement
Canada markets close in 6 hours 8 minutes

  • S&P/TSX

    21,810.49
    +102.05 (+0.47%)
     

  • S&P 500

    5,007.73
    -3.39 (-0.07%)
     

  • DOW

    37,905.29
    +129.91 (+0.34%)
     

  • CAD/USD

    0.7274
    +0.0010 (+0.14%)
     

  • CRUDE OIL

    82.89
    +0.16 (+0.19%)
     

  • Bitcoin CAD

    89,110.29
    +3,215.95 (+3.74%)
     

  • CMC Crypto 200

    1,336.48
    +23.86 (+1.85%)
     

  • GOLD FUTURES

    2,399.90
    +1.90 (+0.08%)
     

  • RUSSELL 2000

    1,940.75
    -2.21 (-0.11%)
     

  • 10-Yr Bond

    4.6080
    -0.0390 (-0.84%)
     

  • NASDAQ

    15,530.72
    -70.77 (-0.45%)
     

  • VOLATILITY

    18.46
    +0.46 (+2.55%)
     

  • FTSE

    7,849.44
    -27.61 (-0.35%)
     

  • NIKKEI 225

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

  • CAD/EUR

    0.6816
    -0.0005 (-0.07%)
     
MARKETS LIVE BLOG:

STOCKS OPEN MIXED AFTER ISRAEL STRIKE-FUELLED TUMBLE

Shares of Netflix, the first of the megacap techs to report, slide in early trading

Will Medifast Continue to Surge Higher?

Zacks Equity Research
·1 min read

As of late, it has definitely been a great time to be an investor of Medifast, Inc. MED.The stock has moved higher by 22.5% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider MED’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as MED has earned itself a Zacks Rank #1 (Strong Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

5 Stocks Set to Double

Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.

ADVERTISEMENT

Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.

Today, See These 5 Potential Home Runs >>


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
 
MEDIFAST INC (MED) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research