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Genworth Financial, Inc. (NYSE:GNW) was a big mover last session, as the company saw its shares rise more than 10% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $2.72 to $2.97 in the past one month time frame.
The company has seen its Zacks Consensus Estimate for the current quarter moving higher over the past few weeks, suggesting that more solid trading could be ahead for Genworth Financial. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Genworth Financial currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
A better-ranked stock in the Insurance - Life Insurance industry is FGL Holdings (NYSE:FG) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is GNW 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.
Click here to access these stocks. >>
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