Will Harris (HRS) Continue to Surge Higher? - Tale of the Tape
As of late, it has definitely been a great time to be an investor in Harris Corporation ( HRS ) . The stock has moved higher by 11.2% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.
We certainly think that this might be the case, particularly if you consider HRS's recent earnings estimate revision activity. On Feb 06, the company delivered better-than-expected fiscal second quarter earnings results. From this look, the company's future is quite favorable; as HRS has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn't the top for the in-focus company.
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