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Will Cardlytics Continue To Surge Higher?

By Zacks Investment ResearchStock MarketsJan 20, 2020 06:25AM ET
www.investing.com/analysis/will-cardlytics-continue-to-surge-higher-200499908
Will Cardlytics Continue To Surge Higher?
By Zacks Investment Research   |  Jan 20, 2020 06:25AM ET
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As of late, it has definitely been a great time to be an investor in Cardlytics, Inc., (NASDAQ:CDLX) . The stock has moved higher by 42.9% in the past month, while it is also above its 20 Day SMA too. This combination of strong price performance and favorable technical, could suggest that the stock may be on the right path.

We certainly think that this might be the case, particularly if you consider CDLX’s recent earnings estimate revision activity. From this look, the company’s future is quite favorable; as CDLX has earned itself a Zacks Rank #2 (Buy), meaning that its recent run may continue for a bit longer, and that this isn’t the top for the in-focus company. You can see the complete list of today’s Zacks #1 Rank stocks here.

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Will Cardlytics Continue To Surge Higher?
 

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Will Cardlytics Continue To Surge Higher?

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