RealD Inc. (RLD) was a big mover last session, as the company saw its shares rise by over 25% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the near-flat trading range of $7.00 to $7.44 in the past one-month time frame.
However, RealD has seen four negative revisions and one upward movement over the past month and its Zacks Consensus Estimate moved lower over the same time period suggesting probable trouble down the road. So, make sure to keep an eye on this stock, going forward, to see if this recent spike can last.
RealD currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
However, some stocks worth considering in the technology sector include ACI Worldwide, Inc. (ACIW), Advanced Energy Industries, Inc. (AEIS) and Alliance Fiber Optic Products Inc. (AFOP). All these stocks carry a Zacks Rank #1 (Strong Buy).
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