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SolarWinds (SWI) Surges: Stock Moves 5.2% Higher
SolarWinds Corporation (SWI - Free Report) was a big mover last session, as the company saw its shares rise more than 5% 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 $14.43 –$16.12 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen estimate revision of no increase and one decrease over the past few weeks, 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.
SolarWinds currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is negative.
SolarWinds Corp. Price
SolarWinds Corp. price | SolarWinds Corp. Quote
A better-ranked stock in the Computer and Technology sector is Cloudera, Inc. , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
5 Stocks Set to Double
Each was hand-picked by a Zacks expert as the #1 favorite stock to gain +100% or more in 2020. Each comes from a different sector and has unique qualities and catalysts that could fuel exceptional growth.
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor.
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