Audioeye Shares Rise 521% YTD: How Should You Play the Stock?

Audioeye (AEYE) shares have gained 520.7% year to date, outperforming the Zacks Computer and Technology sector’s appreciation of 30%. It has also outperformed the Zacks Internet Software industry and its peers like Synchronoss Technologies (SNCR) , Fortinet INC. (FTNT) and Aspen Technology (AZPN) .Over the same time frame, shares of SNCR, FTNT and AZPN have gained 87%, 66% and 12.9%, respectively, while the industry has appreciated 29.8%. AEYE shares’ outperformance can be attributed to strong topline growt ...