Back to top

Image: Bigstock

NetApp (NTAP) in Focus: Stock Moves 9.4% Higher

Read MoreHide Full Article

NetApp, Inc. (NTAP - Free Report) was a big mover last session, as the company saw its shares rise more than 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continue the recent uptrend for the company — as the stock is now up 31.8% in the past one-month time frame.

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

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

A better-ranked stock in the Computer and Technology sector is Qumu Corporation , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

These Stocks Are Poised to Soar Past the Pandemic

The COVID-19 outbreak has shifted consumer behavior dramatically, and a handful ofhigh-tech companies have stepped up to keep America running. Right now, investors in these companies have a shot at serious profits. For example, Zoom jumped 108.5% in less than 4 months while most other stocks were sinking.

Our research shows that 5 cutting-edge stocks could skyrocket from the exponential increase in demand for “stay at home” technologies. This could be one of the biggest buying opportunities of this decade, especially for those who get in early.

See the 5 high-tech stocks now>>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


NetApp, Inc. (NTAP) - free report >>

Published in