Send me real-time posts from this site at my email
Zacks

Omnicom (OMC) Catches Eye: Stock Jumps 5.7%

Omnicom Group Inc. OMC was a big mover last session, as the company saw its shares rise nearly 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 $72.24 to $76.90 in the past one-month time frame.

The move came after the company reported better-than-expected first-quarter 2019 results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Omnicom currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Omnicom Group Inc. Price

Investors interested in the Advertising and Marketing industry may consider WPP PLC WPP, which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

Radical New Technology Creates $12.3 Trillion Opportunity

Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world’s first cell phone. These technologies changed our lives and created massive profits for investors.

Today, we’re on the brink of the next quantum leap in technology. 7 innovative companies are leading this “4th Industrial Revolution” - and early investors stand to earn the biggest profits.

See the 7 breakthrough stocks now>>


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
 
Omnicom Group Inc. (OMC): Free Stock Analysis Report
 
WPP PLC (WPP): Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research

Welcome!!! Is it your First time here?

What are you looking for? Select your points of interest to improve your first-time experience:

Apply & Continue