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PC-Tel and Extreme Networks are Aggressive Growth Zacks Rank Buys

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Zacks Aggressive Growth Stock Strategist Brian Bolan has been watching thinly traded PC TEL and the action in the name on Friday, March 23 grabbed his attention.  The stock isn’t all that liquid as Brian explains to Terry in the video so he wondered why all the late day volume didn’t move the stock.  After that we saw two days of the stock rolling higher and volume remained strong.  A dip below the breakeven line yesterday caused Brian to write an article “A Low Price Stock Seeing Big Accumulation” (https://www.zacks.com/commentary/108067/a-low-price-stock-seeing-big-accumulation).  Terry and Brian discuss the key points of the article and the idea that the accumulation continued today with the stock up more than 8% on the day.  Brian underscored the idea of this being an aggressive play due to the liquidity concern. Next up is Extreme Network (EXTR - Free Report) which is a Zacks Rank #2 (Buy) but Brian expects this stock to be a Zacks Rank #1 (Strong Buy) in the coming days. The company just made another acquisition and Brian discusses both in the video. The stock hit a new 52 week high today of $8.11, but has since pulled back but Brian believes the stock could double over the next twelve months.

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