American Water Works Company, Inc. AWK was a big mover last session, as the company saw its shares rise above 5% on the day. The move came after the S&P Dow Jones Indices announced that the company will be added to the S&P 500 Index after the close of trading on Thursday, Mar 3, 2016. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $63.72–$68.05 in the past one-month time frame.
In the last 30 days, the company has seen two upward estimate revisions but 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.
American Water Works currently holds a Zacks Rank #2 (Buy).
Another favorably placed Utility water supply stock is SJW Corp. SJW, which sports a Zacks Rank #1 (Strong Buy).
Is AWK going up? Or down? Predict to see what others think: Up or Down
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AMER WATER WORK (AWK): Free Stock Analysis Report
SJW CORP (SJW): Free Stock Analysis Report
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