Back to top

Image: Bigstock

Pure Storage (PSTG) Looks Good: Stock Adds 5.5% in Session

Read MoreHide Full Article

Pure Storage, Inc. (PSTG - 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $21.66 to $25.15 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in a trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Pure Storage currently has a Zacks Rank #2 (Buy) while its Earnings ESP is negative.

Pure Storage, Inc. Price

Another stock worth considering in the Computer- Storage Devices industry is NetApp, Inc. (NTAP - Free Report) which carries a Zacks Rank #1 (Strong Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.

Is PSTG going up? Or down? Predict to see what others think: Up or Down

5 Medical Stocks to Buy Now

Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.

New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.

Click here to see the 5 stocks >>


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


NetApp, Inc. (NTAP) - free report >>

Pure Storage, Inc. (PSTG) - free report >>

Published in