Time New York: Mon 20 Nov 04:43 am  |  Save 15% on H&R Block Online

  
caticonslite_bm_alt

Carlyle (CG) in Focus: Stock Moves 6.4% Higher

Zacks

The Carlyle Group L.P. CG was a big mover last session, as the company saw its shares rise more than 6% 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 $20.15 to $21.40 in the past one-month time frame.

The company has not seen any estimate revisions over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Carlyle currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

The Carlyle Group L.P. Price


The Carlyle Group L.P. Price | The Carlyle Group L.P. Quote

A better-ranked stock in the Financial – Investment Management industry is Och-Ziff Capital Management Group LLC OZM, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is CG going up? Or down? Predict to see what others think: Up or Down

More Stock News: This Is Bigger than the iPhone!

It could become the mother of all technological revolutions. Apple sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.

Click here for the 6 trades >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

To read this article on Zacks.com click here.

Zacks Investment Research
<-- You can share this post with your network,
or give us your opinion and leave a comment.
Be sure to check our RSS feeds for updates.