U.S. markets closed
  • S&P Futures

    3,793.50
    +3.00 (+0.08%)
     
  • Dow Futures

    30,820.00
    -8.00 (-0.03%)
     
  • Nasdaq Futures

    13,029.75
    +44.25 (+0.34%)
     
  • Russell 2000 Futures

    2,141.70
    -5.60 (-0.26%)
     
  • Crude Oil

    53.12
    +0.14 (+0.26%)
     
  • Gold

    1,845.40
    +5.20 (+0.28%)
     
  • Silver

    25.44
    +0.12 (+0.49%)
     
  • EUR/USD

    1.2142
    +0.0009 (+0.07%)
     
  • 10-Yr Bond

    1.0920
    -0.0050 (-0.46%)
     
  • Vix

    23.24
    -1.10 (-4.52%)
     
  • GBP/USD

    1.3640
    +0.0006 (+0.04%)
     
  • USD/JPY

    103.8560
    -0.0360 (-0.03%)
     
  • BTC-USD

    36,262.66
    +27.42 (+0.08%)
     
  • CMC Crypto 200

    718.47
    +3.27 (+0.46%)
     
  • FTSE 100

    6,712.95
    -7.70 (-0.11%)
     
  • Nikkei 225

    28,529.49
    -103.97 (-0.36%)
     

CommScope (COMM) Surges: Stock Moves 9.5% Higher

Zacks Equity Research
·2 min read

CommScope Holding Company, Inc. COMM was a big mover last session, as the company saw its shares rise nearly 10% 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 $8.50 to $10.19 in the past one-month time frame.

The company has seen five negative estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved lower over the past few weeks, suggesting there may be trouble down the road. So, make sure to keep an eye on this stock going forward, to see if this recent move higher can last.

CommScope currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

CommScope Holding Company, Inc. Price

CommScope Holding Company, Inc. Price
CommScope Holding Company, Inc. Price


CommScope Holding Company, Inc. price | CommScope Holding Company, Inc. Quote

Investors interested in the Communication - Infrastructure industry may consider Calix, Inc CALX, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

The Hottest Tech Mega-Trend of All

Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

See Zacks' 3 Best Stocks to Play This Trend >>


Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
 
Calix, Inc (CALX) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research