NETGEAR Stock Jumps 15% in Six Months: Will This Uptrend Last?

Key Takeaways NTGR stock rose 15% in six months and nearing their 52-week high of $31.55. Growth in NFB segment and rising recurring revenues supported momentum despite top-line softness. Strategic realignment, cost cuts and inventory reductions have improved financial flexibility for NTGR.NETGEAR Inc.’s (NTGR) share price has appreciated 15% in the past six months, outperforming the Computer Networks Industry’s growth of 6.4%. Over the same time frame, the broader Zacks Computer and Technology and the S& ...