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CalAmp (CAMP) Catches Eye: Stock Jumps 7.5%
December 23, 2013

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CalAmp Corp. (CAMP - Free Report) was a big mover last session, as the company saw its shares rise by almost 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 for the company, as the stock is now trading above the volatile price range of $23.61 and $26.30 in the past one-month time frame.

This wireless communications products provider has seen no estimate revision in the last one month and its Zacks Consensus Estimate remained static over the same time frame. Friday’s price action is encouraging though. So, make sure to keep a close watch on this firm in the near future.

CalAmp currently has a Zacks Rank #3(Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the electronics-miscellaneous components industry include Fabrinet (FN - Free Report) , AAC Technologies Holdings Inc. (AACAY - Free Report) and KEMET Corp. (KEM - Free Report) . While Fabrinet and AAC Technologies Holdings hold a Zacks Rank #1 (Strong Buy), KEMET Corp. carries a Zacks Rank #2 (Buy).

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