Acme Packet Surging Again (APKT)

Shares of Acme Packet APKT are surging again during Friday's trading session. This stock has just been amazing throughout 2010, gaining more than 237%. On Friday, the stock has risen another 2.72% to $37.06. The 52-week high in APKT is $37.88. The stock is trading at a forward P/E of 40.84. One catalyst for this name going forward may be price target raises at Wall Street brokerages. The median analysts' target on this name is $33.00, which has long ago been surpassed. Look for the analysts who have been wrong on this name to raise their estimates if APKT can continue to move higher. Acme Packet, Inc., incorporated on August 3, 2000, provides session border controllers (SBCs) that enable service providers, enterprises, government agencies and contact centers to deliver interactive communications, such as voice, video and other real-time multimedia sessions, across Internet protocol (IP) network borders. See 4 Strong Buys here for free.