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Benchmark Electronics (BHE) Shows Strength: Stock Up 6.3%

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Benchmark Electronics, Inc. (BHE - Free Report) was a big mover last session, as the company saw its shares rise above 6% on the day. The upside was driven by the company’s improved results for the fourth quarter and full-year 2016. Also, this led to far more shares changing hands than in a normal session. This breaks the recent trend for the company as the stock is now trading above the volatile price range of $29.70 to $31.05 in the past one-month time frame.

The company has seen no positive or negative estimate revision in the past 30 days. Also, its Zacks Consensus Estimate remained unchanged over the same timeframe. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Benchmark Electronics currently carries a Zacks Rank #3 (Hold).

A better-ranked stock in the Electronic – Manufacturing Services industry is Jabil Circuit, Inc. (JBL - Free Report) , which sports a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

Is BHE going up? Or down? Predict to see what others think: Up or Down

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