None of the estimates for this satellite communication industry stock were revised over the past 30 days. The Zacks Consensus Estimate however moved up over the same time frame, suggesting that more solid trading could be ahead for ORBCOMM. So make sure to keep an eye on this stock going forward to see if the latest jump can turn into more strength down the road.
ORBCOMM carries a Zacks Rank #2 (Buy), while its Earnings ESP is positive.
Investors interested in the same sector may also consider stocks like Charter Communications, Inc. (CHTR), DigitalGlobe, Inc. (DGI) and EchoStar Corp. (SATS). All these stocks sport a Zacks Rank #1 (Strong Buy).
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