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E*TRADE Financial (ETFC) Catches Eye: Stock Moves Up 5.1% in Session

E*TRADE Financial Corporation ETFC 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 continues the recent uptrend for the company—as the stock is now up 14% in the past one-month time frame.

The move came after the company posted better-than-expected results for the second quarter of 2017.

The company has seen five positive estimate revisions in the past four weeks compared to one lower, while its Zacks Consensus Estimate for the current quarter has also moved higher over the same time frame, suggesting that more solid trading could be ahead for E*TRADE Financial. So make sure to keep an eye on this stock going forward to see if this recent jump can turn

E*TRADE Financial currently has a Zacks Rank #1(Strong Buy) while its Earnings ESP is positive.

E*TRADE Financial Corporation Price and Consensus

Another stock worth considering in the   Financial - InvestmentBank indstry is Raymond James Financial, Inc. RJF which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

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

More Stock News: This Is Bigger than the iPhone

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.

Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.  Click here for the 6 trades >>


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E*TRADE Financial Corporation (ETFC): Free Stock Analysis Report
 
Raymond James Financial, Inc. (RJF): Free Stock Analysis Report
 
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