DragonWave (DRWI) in Focus: Stock Gains 12.7% - Tale of the Tape - Comtech Telecom (NASDAQ:CMTL)

DragonWave Inc. DRWI was a big mover last session, as the company saw its shares rise nearly 13% 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 has gained over 33% in the past one-month time frame.

This provider of high-capacity packet microwave solutions for IP networks has seen no estimate revision in the last 30 days. However, the Zacks Consensus Estimate has moved higher over the same time frame. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday's rally can turn into more strength down the road.

DragonWave currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

Better-ranked stocks in the communication equipment industry include Comtech Telecommunications Corp. CMTL, InterDigital, Inc. IDCC and Qualcomm, Inc. QCOM. While Comtech and InterDigital sport a Zacks Rank #1 (Strong Buy), Qualcomm holds a Zacks Rank #2 (Buy).

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DRAGONWAVE INC DRWI: Free Stock Analysis Report

COMTECH TELECOM CMTL: Free Stock Analysis Report

INTERDIGITL INC IDCC: Free Stock Analysis Report

QUALCOMM INC QCOM: Free Stock Analysis Report

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