Atlas Air Worldwide (AAWW) in Focus: Stock Up 7%
Atlas Air Worldwide Holdings, Inc. (AAWW) was a big mover last session, as the company saw its shares rise a little over 7% 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 $32.95 to $35.07 over the past one-month time frame.
This air freight stock witnessed one positive estimate revision over the past 60 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for Atlas Air Worldwide. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Atlas Air Worldwide Holdings carries a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
Investors can also consider Air Transport Services Group, Inc. (ATSG) with a Zacks Rank #2. Two other stocks worth considering in the wider transportation sector include ANA Holdings Inc. (ALNPY) and CH Robinson Worldwide Inc. (CHRW), both carrying a Zacks Rank #2.
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ATLAS AIR WORLDWIDE HOLDINGS NEW (AAWW): Free Stock Analysis Report
AIR TRANSPORT SERVICES GROUP INC (ATSG): Free Stock Analysis Report
ANA HOLDINGS (ALNPY): Free Stock Analysis Report
CH ROBINSON WORLDWIDE INC (CHRW): Free Stock Analysis Report
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