Synchronoss Technologies (SNCR) Highlighted As Strong And Under The Radar Stock Of The Day

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Trade-Ideas LLC identified Synchronoss Technologies ( SNCR) as a strong and under the radar candidate. In addition to specific proprietary factors, Trade-Ideas identified Synchronoss Technologies as such a stock due to the following factors:

  • SNCR has an average dollar-volume (as measured by average daily share volume multiplied by share price) of $23.3 million.
  • SNCR is making at least a new 3-day high.
  • SNCR has a PE ratio of 49.8.
  • SNCR is mentioned 1.23 times per day on StockTwits.
  • SNCR has not yet been mentioned on StockTwits today.
  • SNCR is currently in the upper 20% of its 1-year range.
  • SNCR is in the upper 35% of its 20-day range.
  • SNCR is in the upper 45% of its 5-day range.
  • SNCR is currently trading above yesterday's high.

'Strong and Under the Radar' stocks tend to be worthwhile stocks to watch for a variety of factors including historical back testing and price action. Market technicians refer to such stocks as being in an accumulation phase before a mark-up and peak. Traders and hedge funds have frequently found that these types of stocks continue to build a solid price base and then ultimately spike higher and peak when others 'discover' how good the stock is performing. By leveraging the social discovery aspect of StockTwits we are highlighting stocks that don't currently receive much attention from retail investors, but we suspect may soon garner more attention.

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