Allot Communications (ALLT) Is Up 14.90% in One Week: What You Should Know

Group 1 - The core concept of momentum investing is to follow a stock's recent price trends, aiming to buy high and sell higher, capitalizing on established price movements [1][2] - Allot Communications (ALLT) currently holds a Momentum Style Score of B and a Zacks Rank of 2 (Buy), indicating potential for outperformance in the market [2][3] - The stock has shown significant price increases, with a 14.9% rise over the past week and a 52.95% increase over the past month, outperforming the Zacks Technology Services industry, which declined by 5.03% and only increased by 0.2% respectively [5] Group 2 - Over the past quarter, ALLT shares have increased by 117.68%, and over the last year, they have gained 359.33%, while the S&P 500 has only moved 2% and 26.18% respectively [6] - The average 20-day trading volume for ALLT is 1,007,522 shares, which is a bullish indicator when combined with rising stock prices [7] - Earnings estimates for ALLT have improved, with one estimate moving higher in the past two months, raising the consensus estimate from -$0.07 to -$0.01 [9] Group 3 - The overall assessment suggests that ALLT is a promising stock with a Momentum Score of B, making it a potential candidate for investors looking for short-term gains [11]