Advertisement
Canada markets close in 5 hours 18 minutes
  • S&P/TSX

    21,730.36
    +74.31 (+0.34%)
     
  • S&P 500

    5,044.25
    +22.04 (+0.44%)
     
  • DOW

    38,011.98
    +258.67 (+0.69%)
     
  • CAD/USD

    0.7270
    +0.0006 (+0.08%)
     
  • CRUDE OIL

    82.60
    -0.09 (-0.11%)
     
  • Bitcoin CAD

    87,785.11
    +3,278.73 (+3.88%)
     
  • CMC Crypto 200

    885.54
    0.00 (0.00%)
     
  • GOLD FUTURES

    2,390.00
    +1.60 (+0.07%)
     
  • RUSSELL 2000

    1,960.66
    +12.71 (+0.65%)
     
  • 10-Yr Bond

    4.6240
    +0.0390 (+0.85%)
     
  • NASDAQ

    15,736.18
    +52.81 (+0.34%)
     
  • VOLATILITY

    17.76
    -0.45 (-2.47%)
     
  • FTSE

    7,874.76
    +26.77 (+0.34%)
     
  • NIKKEI 225

    38,079.70
    +117.90 (+0.31%)
     
  • CAD/EUR

    0.6816
    +0.0014 (+0.21%)
     

United States Cellular (USM) Catches Eye: Stock Jumps 5%

United States Cellular Corporation USM 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $28.93 to $32.47 in the past one-month time frame.

The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for United States Cellular. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

United States Cellular currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.

United States Cellular Corporation Price

United States Cellular Corporation Price
United States Cellular Corporation Price

United States Cellular Corporation price | United States Cellular Corporation Quote

ADVERTISEMENT

Another stock worth considering in the Wireless National industry is Gogo Inc. GOGO which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Breakout Biotech Stocks with Triple-Digit Profit Potential

The biotech sector is projected to surge beyond $775 billion by 2024 as scientists develop treatments for thousands of diseases. They’re also finding ways to edit the human genome to literally erase our vulnerability to these diseases.

Zacks has just released Century of Biology: 7 Biotech Stocks to Buy Right Now to help investors profit from 7 stocks poised for outperformance. Our recent biotech recommendations have produced gains of +50%, +83% and +164% in as little as 2 months. The stocks in this report could perform even better.

See these 7 breakthrough stocks now>>


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
 
United States Cellular Corporation (USM) : Free Stock Analysis Report
 
Gogo Inc. (GOGO) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research