Pure Storage (PSTG) Catches Eye: Stock Jumps 7.7%
Pure Storage, Inc. PSTG was a big mover last session, as the company saw its shares rise nearly 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 for the company as the stock is now up 22.2% in the past one-month time frame.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. 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 #3 (Hold) while its Earnings ESP is positive.
Pure Storage, Inc. Price
Pure Storage, Inc. Price | Pure Storage, Inc. Quote
A better-ranked stock in the Computer- Storage Devices industry is NetApp, Inc. NTAP, which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
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