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MARKETS LIVE BLOG:

STOCKS RISE AS TECHS REVIVE, WITH NETFLIX EARNINGS ON TAP

Tesla shares slide to 52-week low; stock is down roughly 40% year-to-date

Datalink (DTLK) Soars: Stock Adds 20.2% in Session

Zacks Equity Research

Datalink Corporation (DTLK) was a big mover last session, as the company saw its shares rise over 20% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $9.36 to $10.16 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Friday’s jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Datalink currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the computer and technology sector include AU Optronics Corp. (AUO), Benchmark Electronics Inc. (BHE) and Brightcove, Inc. (BCOV). All of these sport a Zacks Rank #1 (Strong Buy).

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DATALINK CP (DTLK): Free Stock Analysis Report

BENCHMARK ELECTRS INC (BHE): Free Stock Analysis Report

BRIGHTCOVE INC (BCOV): Free Stock Analysis Report

AU OPTRONICS CORP (AUO): Free Stock Analysis Report


Zacks Investment Research