Bull Of The Day: QLogic

For these reasons, it should be pretty clear why QLGC is a great stock right now, and that it could outperform in 2016. Unsurprisingly, we have assigned the stock a Zacks Rank #1 (Strong Buy) and are looking for this to be a top performer to start the year.

Bottom Line

Not only is QLGC in a great industry that is growing in importance, but it has some great stats of its own as well. It is expected to see great numbers next year even though it isn’t trading at an absurd valuation by any means.

So if you are looking for a stock that has a proven track record of beating estimates and is in a top industry too, definitely give QLGC a closer inspection as you are searching for the best stocks to buy for 2016 as this company is in a great position to ride its earnings momentum to prominence in the New Year.

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