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Calix Inc has the Best Relative Performance in the Communications Equipment Industry (CALX , NTGR , AAOI , COMM , FNSR )

By James Quinn

We looked at the Communications Equipment industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Calix Inc (NYSE:CALX ) ranks first with a gain of 4.80%; Netgear Inc (NASDAQ:NTGR ) ranks second with a gain of 3.31%; and Applied Optoelec (NASDAQ:AAOI ) ranks third with a gain of 2.84%.

Commscope Holdin (NASDAQ:COMM ) follows with a gain of 2.12% and Finisar Corp (NASDAQ:FNSR ) rounds out the top five with a gain of 1.26%.

SmarTrend recommended that subscribers consider buying shares of Applied Optoelec on April 12th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $29.62. Since that recommendation, shares of Applied Optoelec have risen 9.4%. We continue to monitor Applied Optoelec for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance calix inc netgear inc applied optoelec commscope holdin finisar corp