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Ubiquiti Networks Shows Market Leadership With Jump To 92 RS Rating

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Ubiquiti Networks ( UBNT ) saw a positive improvement to its Relative Strength ( RS ) Rating on Tuesday, rising from 86 to 92.

[ibd-display-video id=2368044 width=50 float=left autostart=true] This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.

Decades of market research reveals that the market's biggest winners tend to have an 80 or better RS Rating at the beginning of a new climb.

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Ubiquiti Networks is not currently showing a potential entry point. See if the stock goes on to form a sound pattern that could launch a new move.

While revenue growth fell last quarter from 23% to 20%, EPS grew 16%, up from 9% in the previous report.

Ubiquiti Networks holds the No. 1 rank among its peers in the Telecom-Infrastructure industry group. Dycom Industries ( DY ) and Zayo ( ZAYO ) are also among the group's highest-rated stocks.

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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.


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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