Cavium Inc. Enters Oversold Territory


Cavium Inc.’s (CAVM) share price has entered into oversold territory with an RSI value of 26.8. The Zacks Consensus Estimate on Cavium Inc.’s earnings for the full year period has gain of 0.00 cents over the past two months to $0.34 per share. Currently, Cavium Inc. is a Zacks #2 Rank (“Buy”), suggesting that now might be a good time to get in on (CAVM) after its recent drop.

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