Cepheid (CPHD) Looks Good: Stock Adds 5.3% in Session
Cepheid (CPHD) 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 reverses the recent trend for the company, as the stock is now down nearly 6% since Apr 1, 2014.
The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cepheid currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked medical stocks include Cynosure, Inc. (CYNO), Delcath Systems, Inc. (DCTH) and Syneron Medical Ltd. (ELOS). All these stocks sport a Zacks Rank #1 (Strong Buy).
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