Are you a technical investor? If so, it may be time to consider Aeroflex Holding Corp. (ARX) for your portfolio. The company just saw its 50 Day Moving Average breakout above its 200 Day Simple moving average, a trend that could indicate some bullishness in the future for ARX.
This trend may have already begun, as shares of ARX have moved by higher by 10.4% in just the past month. Plus, ARX has earned itself a Zacks Rank #2 (Buy), so there is plenty of reason to believe that the run for Aeroflex Holding has plenty of life left.
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