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IBDvalueinvestin (99.68)

+90% eps qtrly growth yoy... UBNT & DVN

Recs

6

April 20, 2014 – Comments (1) | RELATED TICKERS: UBNT , DVN

Both UBNT & DVN shares are stocks to watch ahead of qtrly earnings!

I.B.D. research of the 600-best performing stocks between 1952 and 2001 showed three out of four reported earnings growth averaging more than 70% in the quarter immediately prior to the start of their winning runs.

The others reported earnings gains averaging 90% in the quarter just after the start of their advances. Generally those earnings gains were accompanied by strong sales gains.

Breakout

The action by a stock when it surpasses its resistance level: usually a price ceiling at which the stock has previously encountered selling. In many cases, but not always, that resistance level is the highest point in a "handle" portion of a base pattern

 

1 Comments – Post Your Own

#1) On April 21, 2014 at 1:01 PM, amassafortune (29.47) wrote:

UBNT was one of the reasons CSCO struggled last year. Earnings are important to see if Ubiquiti Networks can still grow and maintain profit levels as Cisco responds to UBNT's encroachment into its markets.

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