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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

PVH Corp. (PVH) Catches Eye: Stock Up 7.6% in Session

Zacks Equity Research
Updated

PVH Corp. PVH was a big mover last session, as the company saw its shares rise over 7% on the day. The upside was driven by the company’s announcement of better-than-expected earnings and revenues for fourth-quarter fiscal 2015. This led to solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 17.5% in the past one-month time frame.

The company has seen no estimate revisions over the past 30 days. However, its Zacks Consensus Estimate moved lower over the same time frame, signaling trouble down the road. So make sure to keep an eye on this stock going forward to see if Thursday's move higher can last.

PVH currently has a Zacks Rank #3 (Hold).

A better-ranked stock in the Textile-Apparel industry is Delta Apparel Inc. DLA, which sports a Zacks Rank #1 (Strong Buy).

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

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 >>


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
 
PVH CORP (PVH): Free Stock Analysis Report
 
DELTA APPAREL (DLA): Free Stock Analysis Report
 
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Zacks Investment Research