TriNet (TNET) Moves 4.2% Higher: Will This Strength Last?

The stock is benefiting from growth in professional services revenues, driven by volume and normal rate increase, and insurance revenue growth due to a rise in annual inflationary rates. Earnings and revenue growth expectations certainly give a good sense of the potential strength in a stock, but empirical research shows that trends in earnings estimate revisions are strongly correlated with near-term stock price movements. The stock currently carries a Zacks Rank #2 (Buy). You can see the complete list of ...