Unwired Planet, Inc. (UPIP) was a big mover last session with its shares rising over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for the company since Nov 29, as the stock is now down over 3%.
This mobile application software provider has seen no estimate revision in the last 7 days. However, 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 yesterday’s jump can turn into more strength down the road.
Unwired Planet currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Other stocks worth considering in the broader computer and technology sector are AsiaInfo-Linkage, Inc. (ASIA), Bitauto Holdings Limited (BITA) and Blucora, Inc. (BCOR). All these stocks sport a Zacks Rank #1 (Strong Buy).
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