Ubiquiti Networks was recently highlighted by Zacks Equity Research as Bull of the Day after reporting eight consecutive quarters of double digit growths in wireless surveillance products. Every day, Zacks analysts select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next three to six months.
Ubiquiti Networks was recently highlighted by Zacks Equity Research as Bull of the Day after reporting eight consecutive quarters of double digit growths in wireless surveillance products. Every day, Zacks analysts select two stocks that are likely to outperform (Bull) or underperform (Bear) the markets over the next three to six months.
Bull of the Day:
Ubiquiti has put together back to back positive earnings surprises and that stock has risen to a Zacks rank number one (Strong Buy). It is the Bull of the Day.
The airMax line is a point to point and point to multipoint wireless service that has seen eight consecutive quarters of double digit growth. The UniFi product is all about scalable WiFi, network management. The airVision division deals with security cameras. airMax has seen 8 consecutive quarters of double digit sequential growth. Unifi has seen its revenues triple since it was first introduced in March of 2011. The airVision product just started shipping in the second quarter of 2012.