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Best Relative Performance in the Communications Equipment Industry Detected in Shares of Netgear Inc (NTGR , IDCC , CIEN , INFN , PANW )

By Shiri Gupta

Here are the top 5 stocks in the Communications Equipment industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Netgear Inc (NASDAQ:NTGR ) ranks first with a gain of 2.13%; Interdigital Inc (NASDAQ:IDCC ) ranks second with a gain of 0.86%; and Ciena Corp (NYSE:CIEN ) ranks third with a gain of 0.85%.

Infinera Corp (NASDAQ:INFN ) follows with a gain of 0.38% and Palo Alto Networ (NYSE:PANW ) rounds out the top five with a gain of 0.21%.

SmarTrend recommended that its subscribers protect gains by selling shares of Ciena Corp on August 15th, 2019 by issuing a Downtrend alert when the shares were trading at $40.42. Since that call, shares of Ciena Corp have fallen 9.7%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance netgear inc interdigital inc ciena corp infinera corp palo alto networ