The stock has witnessed one downward estimate revision in the past 30 days. The Zacks Consensus Estimate, however, has moved up over the same time frame, suggesting that more solid trading could be ahead for Aruba Networks. 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.
Aruba Networks carries a Zacks Rank #4 (Sell), while its Earnings ESP is Positive.
A better-ranked stock in the wireless equipment industry is InterDigital, Inc. (IDCC), sporting a Zacks Rank #1 (Strong Buy).
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