Control4 Corporation (NASDAQ:CTRL) was a big mover last session, as its shares rose over 9% on the day. The move came on the back of its addition to S&P SmallCap 600 effective prior to the Aug 22 opening bell. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range $22.27 to $23.74 in the past one-month time frame.
Over the last 30 days, the company witnessed three positive estimate revisions. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if Friday’s jump can turn into more strength down the road.
Control4 currently carries a Zacks Rank #2 (Buy).
Another top-ranked stock in the Electronics - Miscellaneous Products space is Garmin Ltd. (NASDAQ:GRMN) , carrying a Zacks Rank #2. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is CTRL going up? Or down? Predict to see what others think: Up or Down
More Stock News: This Is Bigger than the iPhone!
It could become the mother of all technological revolutions. Apple (NASDAQ:AAPL) sold a mere 1 billion iPhones in 10 years but a new breakthrough is expected to generate more than 27 billion devices in just 3 years, creating a $1.7 trillion market.
Zacks has just released a Special Report that spotlights this fast-emerging phenomenon and 6 tickers for taking advantage of it. If you don't buy now, you may kick yourself in 2020.
Click here for the 6 trades >>
Garmin Ltd. (GRMN): Free Stock Analysis Report
Control4 Corporation (CTRL): Free Stock Analysis Report
Original post
Zacks Investment Research