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Iridium Communic is Among the Companies in the Alternative Carriers Industry with the Best Relative Performance (IRDM , CTL , I , ORBC , VG )

By David Diaz

We looked at the Alternative Carriers 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.

Iridium Communic (NASDAQ:IRDM ) ranks first with a gain of 6.55%; Centurylink Inc (NYSE:CTL ) ranks second with a gain of 5.71%; and Intelsat Sa (NYSE:I ) ranks third with a gain of 4.96%.

Orbcomm Inc (NASDAQ:ORBC ) follows with a gain of 4.14% and Vonage Holdings (NYSE:VG ) rounds out the top five with a gain of 2.45%.

SmarTrend recommended that subscribers consider buying shares of Vonage Holdings on February 5th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $9.55. Since that recommendation, shares of Vonage Holdings have risen 32.3%. We continue to monitor Vonage Holdings for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance iridium communic centurylink inc intelsat sa orbcomm inc vonage holdings