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Infinera (INFN) Looks Good: Stock Adds 8.7% in Session

Zacks

Infinera Corporation INFN was a big mover last session, as the company saw its shares rise nearly 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 as the stock is now down 7.8% in the past one-month time frame.

The company has seen estimate revision of one increase over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Infinera currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

Infinera Corporation Price


Infinera Corporation Price | Infinera Corporation Quote

A better-ranked stock in the Computer – Networking industry is Cisco Systems, Inc. CSCO, which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is INFN going up? Or down? Predict to see what others think: Up or Down

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