TIBCO Software Inc. ( TIBX ) was a big mover last session, as the company saw its shares rise more than 6% 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 of the company, as the stock is now up 13.22% since May 8.
None of the estimates for this computer networks stock were revised over the past 30 days. However, the Zacks Consensus Estimate moved up over the same time frame, suggesting that more solid trading could be ahead for TIBCO Software. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
TIBCO Software carries a Zacks Rank #3 (Hold), while its Earnings ESP is negative.
However, some better-ranked stocks in the same sector include Cisco Systems, Inc. ( CSCO ), Infinera Corporation ( INFN ) and NetScout Systems, Inc. ( NTCT ). All these stocks carry a Zacks Rank #2 (Buy).