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NetScout Systems (NTCT) in Focus: Stock Moves 6.2% Higher
NetScout Systems, Inc.(NTCT - Free Report) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company—as the stock is now down 11.3% in the past one-month time frame.
The company has seen one positive estimate revision in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for NetScout Systems. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
NetScout Systems currently has a Zacks Rank #5 (Strong Buy) while its Earnings ESP is negative.
A better-ranked stock in the Computer and Technology sector is NETGEAR, Inc. (NTGR - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is NTCT going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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