VMware, Inc. was a big mover last session, as the company saw its shares rise nearly 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 19.7% in the past one-month time frame.

The move came after the reports that Dell Technologies was considering an initial public offering to raise fund and pay down debt.

The company has seen seven positive estimate revisions in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for VMware. 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.

Vmware, Inc. Price

Vmware, Inc. Price | Vmware, Inc. Quote

VMware currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.

A better-ranked stock in the Computer and Technology sector is Aspen Technology, Inc. (AZPN Quick QuoteAZPN - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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