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Top 5 Companies in the Communications Equipment Industry with the Best Relative Performance (PANW , ANET , NTCT , VSAT , SATS )

By Amy Schwartz

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.

Palo Alto Networ (NYSE:PANW ) ranks first with a gain of 2.71%; Arista Networks (NYSE:ANET ) ranks second with a gain of 2.37%; and Netscout Systems (NASDAQ:NTCT ) ranks third with a gain of 2.28%.

Viasat Inc (NASDAQ:VSAT ) follows with a gain of 1.73% and Echostar Corp-A (NASDAQ:SATS ) rounds out the top five with a gain of 1.30%.

SmarTrend recommended that its subscribers protect gains by selling shares of Echostar Corp-A on February 6th, 2018 by issuing a Downtrend alert when the shares were trading at $57.53. Since that call, shares of Echostar Corp-A have fallen 20.0%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance palo alto networ arista networks netscout systems viasat inc echostar corp-a