Cogent Shares Rise 39.2% in Six Months: Will This Uptrend Continue?

Shares of Cogent Communications Holdings, Inc. (CCOI) have gained 39.2% in the past six months compared with the industry’s growth of 13.3%. Healthy demand trends in various end markets and a flexible business model propelled the growth. Backed by strong fundamentals, this Zacks Rank #3 (Hold) stock appears primed for further appreciation.Image Source: Zacks Investment ResearchGrowth DriversOperating as one of the most interconnected Tier 1 networks in the world, Cogent provides efficient on-network and off ...