Lakeland Industries, Inc. (NASDAQ:LAKE) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 17.4% in the past one-month time frame.
The company has seen one negative estimate revision in the last 30 days and the Zacks Consensus Estimate also moved lower suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if Friday’s move higher can last.
Currently, Lakeland Industries carries a Zacks Rank #5 (Strong Sell).
A better-ranked stock in the same industry is Ituran Location and Control Ltd. (NASDAQ:ITRN) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is LAKE going up? Or down? Predict to see what others think: Up or Down
5 Trades Could Profit "Big-League" from Trump Policies
If the stocks above spark your interest, wait until you look into companies primed to make substantial gains from Washington's changing course. Today Zacks reveals 5 tickers that could benefit from new trends like streamlined drug approvals, tariffs, lower taxes, higher interest rates, and spending surges in defense and infrastructure. See these buy recommendations now >>
Lakeland Industries, Inc. (LAKE): Free Stock Analysis Report
Ituran Location and Control Ltd. (ITRN): Free Stock Analysis Report
Original post
Zacks Investment Research