AXT, Inc. (AXTI Quick QuoteAXTI - Free Report) was a big mover last session, as the company saw its shares rise over 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 25% since Dec 30.

None of the estimates for this stock were revised over the past seven days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AXT, Inc. currently carries a Zacks Rank #4 (Sell), while its Earnings ESP is negative.

A better-ranked stock in the same space is Broadcom Limited (AVGO Quick QuoteAVGO - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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