WebMD Health Corp. (WBMD) was a big mover last session, as the company saw its shares rise over 16% 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 past one month’s volatile price range of $37.67 to $43.02.
This online provider of health information services has seen two positive estimate revisions in the last 60 days. The Zacks Consensus Estimate has also moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
WebMD Health currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.
Other Internet stocks worth considering include Taomee Holdings Ltd. (TAOM), YY Inc. (YY) and Global Eagle Entertainment Inc. (ENT). While TAOM sports a Zacks Rank #1 (Strong Buy), YY and ENT hold the same Zacks Rank as WBMD.
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WEBMD HEALTH CORP (WBMD): Free Stock Analysis Report
TAOMEE HOLDINGS LTD (TAOM): Free Stock Analysis Report
YY ADS (YY): Free Stock Analysis Report
GLOBAL EAGLE ENTERTAINMENT INC (ENT): Free Stock Analysis Report
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