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Axcelis (ACLS) Catches Eye: Stock Jumps 5.4% in Session

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Axcelis Technologies, Inc. (ACLS - Free Report) was a big mover last session, as its shares rose over 5% 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 almost 22% in the past one-month time frame.

The company has seen three positive estimate revisions in the past 30 days while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if friday’s jump can turn into more strength down the road.

Axcelis currently carries a Zacks Rank #3 (Hold).

A top ranked stock in the Electronics – Manufacturing Machinery space is Brooks Automation, Inc. , 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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