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Netlist, Inc. (NLST - Free Report) was a big mover last session, as its shares rose over 7% on the day. The move came after the company announced encouraging fourth-quarter 2016 results. This led to 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 88 cents to 99 cents in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Is NLST going up? Or down? Predict to see what others think: Up or Down
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Netlist (NLST) Shows Strength: Stock Moves 7.5% Higher
Netlist, Inc. (NLST - Free Report) was a big mover last session, as its shares rose over 7% on the day. The move came after the company announced encouraging fourth-quarter 2016 results. This led to 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 88 cents to 99 cents in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Netlist currently carries a Zacks Rank #2 (Buy).
Netlist, Inc. Price
Netlist, Inc. Price | Netlist, Inc. Quote
Another favorably placed stock in the Computer- Storage Devices space is NetApp, Inc. (NTAP - Free Report) , carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is NLST going up? Or down? Predict to see what others think: Up or Down
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors. Click here for Zacks' private trades >>