EGAN vs. INFA: Which Stock Is the Better Value Option?
During a weak month for tech stocks, investors were displeased with reports of a large acquisition.
The heavy selling pressure might have exhausted for Informatica Inc. (INFA) as it is technically in oversold territory now. In addition to this technical measure, strong agreement among Wall Street analysts in revising earnings estimates higher indicates that the stock is ripe for a trend reversal.