Synchronoss Technologies (SNCR) shares have returned 111% in the year-to-date period, outperforming the Zacks Computer & Technology sector and the Zacks Internet Software industry. The sector and the industry have returned 20.8% and 22.1% over the same time frame. SNCR shares have also outperformed industry peer Aspen Technology (AZPN) , shares of which have returned 6% YTD. This white-label cloud software and services provider is benefiting from strong cloud subscriber growth. In the second quarter of 2024 ...

The most recent trading session ended with Synchronoss (SNCR) standing at $13.12, reflecting a +1% shift from the previouse trading day's closing. The stock's change was more than the S&P 500's daily gain of 0.25%. Elsewhere, the Dow gained 0.2%, while the tech-heavy Nasdaq added 0.56%. Shares of the mobile services company have appreciated by 1.25% over the course of the past month, outperforming the Computer and Technology sector's loss of 0.11% and lagging the S&P 500's gain of 1.65%. The investment comm ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

The latest trading session saw Synchronoss (SNCR) ending at $13.67, denoting a +0.81% adjustment from its last day's close. The stock's change was more than the S&P 500's daily gain of 0.75%. Meanwhile, the Dow experienced a rise of 0.58%, and the technology-dominated Nasdaq saw an increase of 1%. The mobile services company's stock has climbed by 14.62% in the past month, exceeding the Computer and Technology sector's gain of 2.48% and the S&P 500's gain of 4.03%. The investment community will be paying cl ...

Momentum investing is all about the idea of following a stock's recent trend, which can be in either direction. In the 'long' context, investors will essentially be "buying high, but hoping to sell even higher." And for investors following this methodology, taking advantage of trends in a stock's price is key; once a stock establishes a course, it is more than likely to continue moving in that direction. The goal is that once a stock heads down a fixed path, it will lead to timely and profitable trades. Whi ...

The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price. Do they really matter, though? Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Synchronoss (SNCR) . Synchronoss currently has an average broker ...

Synchronoss (SNCR) closed the last trading session at $14.23, gaining 41.5% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.67 indicates a 66.3% upside potential. The average comprises three short-term price targets ranging from a low of $11 to a high of $40, with a standard deviation of $14.84. While the lowest estimate indicates a decline of 22.7% from the current price level ...

Momentum investors typically don't time the market or "buy low and sell high." In other words, they avoid betting on cheap stocks and waiting long for them to recover. Instead, they believe that "buying high and selling higher" is the way to make far more money in lesser time. Everyone likes betting on fast-moving trending stocks, but it isn't easy to determine the right entry point. These stocks often lose momentum when their future growth potential fails to justify their swelled-up valuation. In that phas ...

Synchronoss (SNCR) could be a solid addition to your portfolio given a notable revision in the company's earnings estimates. While the stock has been gaining lately, the trend might continue since its earnings outlook is still improving. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this mobile services company, should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings esti ...

Synchronoss (SNCR) closed the last trading session at $11.43, gaining 17.6% over the past four weeks, but there could be plenty of upside left in the stock if short-term price targets set by Wall Street analysts are any guide. The mean price target of $23.67 indicates a 107.1% upside potential. The average comprises three short-term price targets ranging from a low of $11 to a high of $40, with a standard deviation of $14.84. While the lowest estimate indicates a decline of 3.8% from the current price level ...