Ubiquiti Skyrockets 184% in a Year: Worth Betting on UI Stock Now?

Shares of Ubiquiti Inc. (UI) have surged 184.1% 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 #1 (Strong 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 stocks here.Image Source: Zacks Investment ResearchKey Growth Drivers of UIWith the wide proliferation of the Internet and exponential growth i ...