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Here's Why Momentum in Allot Communications (ALLT) Should Keep going
ZACKS· 2025-05-26 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].
Allot Communications (ALLT) Is Up 30.28% in One Week: What You Should Know
ZACKS· 2025-05-22 17:01
Group 1: Company Overview - Allot Communications (ALLT) currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 1 (Strong Buy), which is associated with a historical outperformance in the market [4] Group 2: Price Performance - Over the past week, ALLT shares have increased by 30.28%, significantly outperforming the Zacks Technology Services industry, which rose by 2.61% [6] - In a longer time frame, ALLT shares have risen by 20.41% over the past quarter and an impressive 247.49% over the last year, while the S&P 500 has moved -2.56% and 11.12% respectively [7] Group 3: Trading Volume - The average 20-day trading volume for ALLT is 414,815 shares, which serves as a bullish indicator when combined with rising stock prices [8] Group 4: Earnings Outlook - In the past two months, one earnings estimate for ALLT has increased, raising the consensus estimate from $0.06 to $0.11 for the full year, with no downward revisions [10] - For the next fiscal year, one estimate has also moved upwards, indicating positive sentiment regarding future earnings [10] Group 5: Conclusion - Considering the strong price performance, positive earnings outlook, and high momentum score, ALLT is positioned as a promising investment opportunity [12]