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Shares of Netgear Inc Rank the Highest in Terms of Relative Performance in the Communications Equipment Industry (NTGR , CAMP , CIEN , PANW , CSCO )

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.

Netgear Inc (NASDAQ:NTGR ) ranks first with a gain of 2.64%; Calamp Corp (NASDAQ:CAMP ) ranks second with a gain of 2.61%; and Ciena Corp (NYSE:CIEN ) ranks third with a gain of 2.51%.

Palo Alto Networ (NYSE:PANW ) follows with a gain of 2.35% and Cisco Systems (NASDAQ:CSCO ) rounds out the top five with a gain of 2.20%.

SmarTrend recommended that its subscribers protect gains by selling shares of Netgear Inc on September 6th, 2018 by issuing a Downtrend alert when the shares were trading at $67.71. Since that call, shares of Netgear Inc have fallen 26.8%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance netgear inc calamp corp ciena corp palo alto networ Cisco Systems