Infinera Stock Oversold and Ready To Continue UptrendInfinera stock is at an excellent oversold level on the RSI. The stock has been in an uptrend (purple) going all the way back to October 2014.
Revenue growth has been good over the last 4 years. In 2011, revenue was $405 million. In 2014, revenue grew to $668 million. The annual revenue growth rate for the last 5 years is an excellent +16.7%. Revenue growth has been speeding up. Quarterly revenue growth (yoy) is an excellent +30.9%.
Infinera Corporation stock has had lots of EPS forecast hikes. About 30 days ago, the EPS forecast was $0.12. Just last week, the EPS forecast was raised to $0.16. That’s an over 30% increase that has not yet been priced into the stock.
Source: www.guerillastocktrading.com
