The Traderszone Network

Published in TZ Latest News 13 November, 2014 by The TZ Newswire Staff

Radware Flies; Gentex, OpenText Struggle To Break Out

The Nasdaq has pushed to a 14-year high this week, creating a healthy number of breakouts and stocks hitting new highs. Radware (RDWR) broke out of a cup-with-handle base with a 19.60 buy point Thursday. Earnings growth for the Israeli application delivery and security company accelerated from 13% to 20% to 28% following four quarters of earnings declines. Analysts expect a 23% increase in profit in the next report.

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