Calix Inc

Cloud software stock Calix (CALX) made an even more impressive move, rising 19% after turning in earnings that beat Wall Street views. This saw the member of IBD's cable and satellite telecom services industry group break out of a second-stage cup base with a 22.79 buy point. The relative strength line also hit a new high, which is a bullish indicator.
Calix stock has a strong Composite Rating of 94, though earnings are lagging its stock market performance. The firm's products help deliver unified access networks, as well as smart home and business services.


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