Why Arris Enterprises (ARRS) Has A Bright Short-Term Future? - Tale of the Tape

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One company that should be on your radar is Arris Enterprises, Inc. ( ARRS ). The stock of this communication equipment provider has seen its Zacks Rank surge over the past four weeks, moving from Hold territory to its current position as a Strong Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For ARRS's full year estimate, we have seen 1 estimate go higher in the past 30 days, compared to no estimate moving lower. This trend has helped the consensus estimate to trend higher, going from $1.35 a share a month ago to its current level at $1.41.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, ARRS has seen some pretty solid trading lately, as the company has moved higher by 24.3% in the past month.

If ARRS can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put ARRS on your watch list for the future.

Other top-ranked stocks worth considering in this space include AOL Inc. ( AOL ), AsiaInfo-Linkage, Inc. ( ASIA ) and Blucora, Inc. ( BCOR ). All these carry a Zacks Rank #1 (Strong Buy).

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AOL INC (AOL): Free Stock Analysis Report

ARRIS GROUP INC (ARRS): Free Stock Analysis Report

ASIAINFO-LINKAG (ASIA): Free Stock Analysis Report

BLUCORA INC (BCOR): Free Stock Analysis Report

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Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Symbols: AOL , ARRS , ASIA , BCOR

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