Ubiquiti Networks Earns RS Rating Upgrade; Hits Key Benchmark

Ubiquiti Networks (UI) had its Relative Strength (RS) Rating upgraded from 80 to 83 Wednesday.


When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.

IBD’s unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves.

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Ubiquiti Networks is working on a consolidation with a 401.90 entry. See if it can clear the breakout price in volume at least 40% higher than normal.

Ubiquiti Networks reported 43% earnings growth in the latest quarterly report, while sales growth came in at 38%. Look for the next report on or around Aug. 21.

Ubiquiti Networks earns the No. 1 rank among its peers in the Telecom-Infrastructure industry group.


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