Time New York: Sat 20 Jan 19:57 pm  |  Save 15% on H&R Block Online

  
caticonslite_bm_alt

Cleveland-Cliffs (CLF) Catches Eye: Stock Jumps 9.4%

Zacks

Cleveland-Cliffs Inc. CLF 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 continues the recent uptrend for the company—as the stock is now up 34.5% in the past one-month time frame.

The company has seen one negative estimate revisions in the past one month, while its Zacks Consensus Estimate has also moved lower over the said time frame, 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.

Cleveland-Cliffs currently has a Zacks Rank #3 (Hold), while its Earnings ESP is negative.

Cliffs Natural Resources Inc. Price

Cliffs Natural Resources Inc. Price | Cliffs Natural Resources Inc. Quote


Investors interested in the Mining – Miscellaneous industry may consider BHP Billiton Limited BHP, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

Zacks Editor-in-Chief Goes "All In" on This Stock

Full disclosure, Kevin Matras now has more of his own money in one particular stock than in any other. He believes in its short-term profit potential and also in its prospects to more than double by 2019. Today he reveals and explains his surprising move in a new Special Report.

Download it free >>


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.