MicroStrategy (MSTR) Looks Good: Stock Adds 5.6% in Session

We remain cautious about the huge capital outlays, which might have dented Equinix's (EQIX) Sep-end quarter profitability, given a rise in interest rates.

MicroStrategy (MSTR) saw a big move last session, as its shares jumped nearly 6% on the day, amid huge volumes.

Zacks Equity Research

Updated Mon, Aug 27, 2018, 8:49 AM

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MicroStrategy Incorporated MSTR was a big mover last session, as the company saw its shares rise nearly 6% 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 for the company—as the stock is now up 15.9% in the past one-month time frame.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

MicroStrategy Incorporated Price

MicroStrategy Incorporated Price | MicroStrategy Incorporated Quote

Another stock worth considering in the Computer – Software industry is Aspen Technology, Inc. AZPN which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.

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MicroStrategy (MSTR) Looks Good: Stock Adds 5.6% in Session

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