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Calix (CALX) Catches Eye: Stock Jumps 5.2%

Calix, Inc. CALX was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company—as the stock is now up 12.5% in the past one-month time frame.

The company has seen one positive estimate revision in the past few months, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few months, suggesting that more solid trading could be ahead for Calix. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.

Calix currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Calix, Inc Price

Calix, Inc Price

Calix, Inc price | Calix, Inc Quote

Another stock worth considering in the Communication – Infrastructure industry is Bandwidth Inc BAND which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

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