PPR - RHT pocket pivot

Published : November 15 2011 at 18:44 ET

RHT had just enough volume in today's trade to qualify for a pocket pivot. RHT provides open source operating systems based on linux. Overall rating is 99, and both sales and earnings have recently accelerated. Its industry group rank is 33rd out of 202 groups. Institutional sponsorship has risen over the last 3 quarters. RHT broke out on October 27 in the midst of a very choppy market, and looks to be heading higher once again, reaffirming its potential of outperforming the general market should the market head higher.

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