Mitel Networks Corporation
(MITL - Free Report
) was a big mover last session, as the company saw its shares rise by over 8% 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 about 25% over the past one-month time frame.
This communication equipment company has seen no estimate revisions in the past one month and the Zacks Consensus Estimate has remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Mitel Networks currently has a Zacks Rank #3 (Hold) while its Earnings ESP
Some better performing technology stocks include ACI Worldwide Inc.
((ACIW - Free Report)
), Alliance Fiber Optic Products Inc.
) and Blucora Inc.
). All these stocks hold a Zacks Rank #1 (Strong 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 >>