Allot Communications Advances 12% to Close at All-Time High

$ALLT bounced from its rising 20dma on double its average daily volume to finish the day at levels never seen before. The stock is up 64’% YTD. Allot is an Israeli company  that is considered one of the major plays in Internet security as its systems scan and filter Internet flow for viruses, spam and unauthorized intruders. It is scheduled to report earnings on August 9th.

$FTNT, which is another play in Internet security, is down 18% after hours despite beating the estimates by a cent. Let’s see if the weakness in $FTNT will affect negatively $ALLT in the near-term perspective.

Other notable stocks on the all-time high list include, but are not limited to: $UAN $WCN $UA $TJX $SHOO $SBNY $PVH $RDEN $RRTS $NUS $MAA $LULU $NPO $FOSL $GTLS $EL $CRM $CLH $CRMT $GTLS $CATM $CASY $BWLD $BCPC $AMZN $AAPL