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Precision Drilling Corporation (PDS) Jumps: Stock Rises 5.3%

Precision Drilling Corporation PDS 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 $2.41 to $2.88 in the past one-month time frame.

The company has not seen any estimate revisions over the past one month, while the 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.

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

A better-ranked stock in the Oils-Energy sector is Transmontaigne Partners L.P. TLP, which currently sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Will You Make a Fortune on the Shift to Electric Cars?

Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.

With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.

It's not the one you think.

See This Ticker Free >>


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Precision Drilling Corporation (PDS): Free Stock Analysis Report
 
TransMontaigne Partners L.P. (TLP): Free Stock Analysis Report
 
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