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Ultra Clean Holdings, Inc. (UCTT - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after the company announced robust fourth-quarter 2016 earnings and the results also exceeded Wall Street expectations. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.04 to $12.85 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ultra Clean Holdings currently sports a Zacks Rank #1 (Strong Buy).
Is UCTT going up? Or down? Predict to see what others think: Up or Down
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Ultra Clean Holdings (UCTT) Catches Eye: Stock Jumps 11.4%
Ultra Clean Holdings, Inc. (UCTT - Free Report) was a big mover last session, as its shares rose over 11% on the day. The move came after the company announced robust fourth-quarter 2016 earnings and the results also exceeded Wall Street expectations. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.04 to $12.85 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ultra Clean Holdings currently sports a Zacks Rank #1 (Strong Buy).
Ultra Clean Holdings, Inc. Price
Ultra Clean Holdings, Inc. Price | Ultra Clean Holdings, Inc. Quote
Another favorably placed stock in the Electronics - Manufacturing Machinery space is Axcelis Technologies, Inc. (ACLS - Free Report) , also flaunting a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.
Is UCTT going up? Or down? Predict to see what others think: Up or Down
Zacks' Top Investment Ideas for Long-Term Profit
How would you like to see our best recommendations to help you find today’s most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>