Sonus Networks, Inc. was a big mover last session, as the company saw its shares rise nearly6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $7.19 –$8.01 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Sonus Networks. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Sonus Networks, Inc. currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Sonus Networks, Inc. Price
Another stock worth considering in the Computer and Technology sector is Harris Corporation which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SONS going up? Or down? Predict to see what others think: Up or Down
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Sonus Networks (SONS) in Focus: Stock Moves 5.7% Higher
Sonus Networks, Inc. was a big mover last session, as the company saw its shares rise nearly6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $7.19 –$8.01 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen two positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Sonus Networks. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Sonus Networks, Inc. currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Sonus Networks, Inc. Price
Sonus Networks, Inc. Price | Sonus Networks, Inc. Quote
Another stock worth considering in the Computer and Technology sector is Harris Corporation which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SONS going up? Or down? Predict to see what others think: Up or Down
Today's Stocks from Zacks' Hottest Strategies
It's hard to believe, even for us at Zacks. But while the market gained +18.8% from 2016 - Q1 2017, our top stock-picking screens have returned +157.0%, +128.0%, +97.8%, +94.7%, and +90.2% respectively.
nd this outperformance has not just been a recent phenomenon. Over the years it has been remarkably consistent. From 2000 - Q1 2017, the composite yearly average gain for these strategies has beaten the market more than 11X over. Maybe even more remarkable is the fact that we're willing to share their latest stocks with you without cost or obligation.
See Them Free>>