UI Surges 215% in the Past Year: Should You Bet on the Stock Now?

Shares of Ubiquiti Inc. (UI) have surged 214.5% over the past year, driven by an accretive customer base and healthy revenues on the back of a flexible business model. With healthy fundamentals, this Zacks Rank #2 (Buy) wireless equipment manufacturer appears to be a solid investment option at the moment. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.Image Source: Zacks Investment ResearchFactors Propelling UIUbiquiti offers a comprehensive portfolio of networking products ...