This provider of carrier-neutral Internet data center services has seen no estimate revision in the last 7 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if Friday’s climb can translate into more strength down the road.
Cardica currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.
Some better-ranked stocks worth considering in the Internet services industry are Baidu, Inc. (BIDU), Inuvo, Inc. (INUV) and Borderfree, Inc. (BRDR). While Baidu and Inuvo sport a Zacks Rank #1 (Strong Buy), Borderfree carries a Zacks Rank #2 (Buy).
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