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Though the company has seen no positive revision in the past 30 days, its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Comtech Telecommunications. So make sure to keep an eye on this stock going forward to see if the yesterday's jump can turn into more strength down the road.
Comtech Telecommunications currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
However, some better-ranked stocks in the wireless equipment industry include Polycom, Inc. (PLCM), InterDigital, Inc. (IDCC) and HTC CORPORATION (HTCXF). While Polycom sports a Zacks Rank #1 (Strong Buy), InterDigital and HTC have a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days.
Click to get this free reportCOMTECH TELECOM (CMTL): Free Stock Analysis Report
POLYCOM INC (PLCM): Free Stock Analysis Report
INTERDIGITL INC (IDCC): Free Stock Analysis Report
HTC CORP (HTCXF): Get Free Report
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