Can NetDimensions (NETDY) Continue to Surge? - Tale of the Tape - Global X Autonomous & Electric Vehicles ETF (NASDAQ:DRIV)

One company that should be on your radar is NetDimensions (Holdings) Ltd (NETDY). The stock of this Internet software services company has seen its Zacks Rank surge over the past four weeks, moving from Sell territory to its current position as a Buy.

A key reason for this move has been the positive trend in the earnings estimate revisions picture. For NETDY's full year estimate, we have seen 1 estimate go higher in the past 30 days with no downward revision. Nonetheless, the trend has helped the consensus estimate to trend higher, narrowing from a loss of $1.01 per share a month ago to its current level loss of 91 cents.

This positive shift in estimates has made some investors take notice and buy the stock. In fact, NETDY has seen some pretty solid trading lately, as the company has moved higher by 21.6% in the past month.

If NetDimensions can keep up this great momentum on the earnings estimate front and continue to impress analysts, we could see more gains ahead for this company, suggesting that you might want to put NETDY on your watch list for the future.

Other top-ranked stocks worth considering in this space include Qihoo 360 Technology Co. Ltd. (QIHU), Digital River Inc. (DRIV) and NTS, Inc (NTS). Qihoo 360 Technology carry a Zacks Rank #1 (Strong Buy), while both Digital River and NTS hold a Zacks Rank #2 (Buy).

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