Back to top

Tale of the Tape

Nuance Communications, Inc. ((NUAN - Snapshot Report)) was a big mover last session, as the company saw its shares rise nearly 8% 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 $14.82 to $15.31 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Nuance Communications currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the computer software industry include Open Text Corp. ((OTEX - Snapshot Report)), PTC Inc. ((PTC - Snapshot Report)) and Red Hat, Inc. ((RHT - Snapshot Report)). While Open Text sports a Zacks Rank #1 (Strong Buy), PTC and Red Hat have a Zacks Rank #2 (Buy).

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 >>

Please login to Zacks.com or register to post a comment.