DragonWave Inc. (DRWI) Jumps: Stock Rises 5.8% – Tale of the Tape

This wireless equipment industry stock witnessed one positive estimate revision in the past 30 days. The Zacks Consensus Estimate also moved up over the same time frame, suggesting that more solid trading could be ahead for DragonWave. 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.

DragonWavecurrently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the same industry include Comtech Telecommunications Corp. (CMTL), InterDigital, Inc. (IDCC) and ARC Group Worldwide, Inc. (ARCW). While, Comtech Telecommunications and InterDigital sport a Zacks Rank #1 (Strong Buy), ARC Group carries a Zacks Rank #2 (Buy).

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