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Here's Why Momentum in Allot Communications (ALLT) Should Keep going
AllotAllot(US:ALLT) ZACKSยท2025-05-26 13:51

Core Viewpoint - The article emphasizes the importance of timing and sustainability in stock trends for successful short-term investing, highlighting the need for strong fundamentals to maintain momentum [1][2]. Group 1: Stock Performance - Allot Communications (ALLT) has shown a solid price increase of 34.5% over the past 12 weeks, indicating investor confidence in its potential upside [4]. - The stock has also increased by 32.5% over the last four weeks, suggesting that the upward trend is still intact [5]. - Currently, ALLT is trading at 80.1% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - ALLT holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for investors to identify stocks like ALLT that are on an uptrend supported by strong fundamentals [3]. - The article suggests that there are several other stocks passing through this screen, providing additional investment opportunities [8].