CNH Industrial (CNHI) Looks Good: Stock Adds 5.4% In Session

CNH Industrial N.V. (NYSE:CNHI) 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 continues the recent uptrend for the company—as the stock is now up 14.4% in the past one-month time frame.

The stock gained after the company reported that it has inked a new partnership deal with The Climate Corporation to provide two-way data sharing. In separate release, the company also declared that it has entered into a new strategic partnership with Microsoft (NASDAQ:MSFT) aimed at empowering its global customers with enhanced technological services.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

CNH Industrial currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

A better-ranked stock in the Automotive – Foreign industry is Geely Automobile Holdings Limited (OTC:GELYY) , holding a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

Breaking News: Cryptocurrencies Now Bigger than Visa

The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley (NYSE:MS), Goldman Sachs (NYSE:GS) and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved.

Zacks has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market.

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