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F5 Networks is Among the Companies in the Communications Equipment Industry with the Best Relative Performance (FFIV , AAOI , FNSR , INFN , LITE )

By Shiri Gupta

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.

F5 Networks (NASDAQ:FFIV ) ranks first with a gain of 4.52%; Applied Optoelec (NASDAQ:AAOI ) ranks second with a gain of 2.03%; and Finisar Corp (NASDAQ:FNSR ) ranks third with a gain of 0.56%.

Infinera Corp (NASDAQ:INFN ) follows with a gain of 0.35% and Lumentum Hol (NASDAQ:LITE ) rounds out the top five with a gain of 0.08%.

SmarTrend recommended that subscribers consider buying shares of Infinera Corp on February 8th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $8.56. Since that recommendation, shares of Infinera Corp have risen 32.6%. We continue to monitor Infinera Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance F5 Networks applied optoelec finisar corp infinera corp lumentum hol