FireEye (FEYE) Jumps: Stock Rises 8.5%

FireEye, Inc. (NASD:FEYE) was a big mover last session, as the company saw its shares rise by over 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock has now gained roughly 73% since Jan 2.

This internet software company has seen one positive revision and one negative revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for FireEye. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

FireEye currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Other stocks in the same sector looking good are Sonic Foundry, Inc. (NASD:SOFO), E2open, Inc. (NASD:EOPN), and Workday, Inc. (NYSE:WDAY). While Sonic Foundry holds a Zacks Rank #1 (Strong Buy), E2open and Workday carry a Zacks Rank #2 (Buy).

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