EGHT Rises 38% in a Month: Is the Stock Still a Screaming Buy?

8x8 (EGHT) shares have appreciated 37.5% in the past month, outperforming the Zacks Computer & Technology sector’s return of 3.7% and the Zacks Internet Software industry’s appreciation of 7.3%.This global provider of cloud-based contact center as-a-service (CCaaS) and unified communications as-a-service (UCaaS) software has outperformed its closest peers like Zoom (ZM) , NICE (NICE) and RingCentral (RNG) , over the same timeframe. ZM, NICE and RNG shares have returned 10%, 8.8%, and 4.4%, respectively.The ...