Strength Seen in AstraZeneca (AZN): Stock Soars 9.3%
ZacksFebruary 15, 2019, 1:42 PM GMT. AstraZeneca PLC AZN was a big mover last session, as the company saw its shares rise more than 9% 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 $35.49 to $37.20 in the past one-month time frame.The move came after the company reported better-than-expected fourth-quarter 2018 results.The company has seen two negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So make sure to keep an eye on this stock going forward, to see if this recent move higher can last.AstraZeneca currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive. AstraZeneca PLC Price. AstraZeneca PLC Price | AstraZeneca PLC Quote. Predict to see what others think: Up or DownZacks' Top 10 Stocks for 2019In addition to the stocks discussed above, wouldn't you like to know about our 10 finest buy-and-holds for the year?From more than 4,000 companies covered by the Zacks Rank, these 10 were picked by a process that consistently beats the market. Even during 2018 while the market dropped -5.2%, our Top 10s were up well into double-digits. And during bullish 2012 – 2017, they soared far above the market's +126.3%, reaching +181.9%.This year, the portfolio features a player that thrives on volatility, an AI comer, and a dynamic tech company that helps doctors deliver better patient outcomes at lower costs.See Stocks Today >>.