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Shares of Vonage Holdings Rank the Highest in Terms of Relative Performance in the Alternative Carriers Industry (VG , CTL , I , ORBC , ZAYO )

By Shiri Gupta

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.

Vonage Holdings (NYSE:VG ) ranks first with a gain of 2.96%; Centurylink Inc (NYSE:CTL ) ranks second with a gain of 2.26%; and Intelsat Sa (NYSE:I ) ranks third with a gain of 2.05%.

Orbcomm Inc (NASDAQ:ORBC ) follows with a gain of 1.00% and Zayo Group Holdi (NYSE:ZAYO ) rounds out the top five with a gain of 0.88%.

SmarTrend recommended that its subscribers protect gains by selling shares of Centurylink Inc on August 31st, 2018 by issuing a Downtrend alert when the shares were trading at $21.52. Since that call, shares of Centurylink Inc have fallen 44.4%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance vonage holdings centurylink inc intelsat sa orbcomm inc zayo group holdi