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Teradyne (TER) in Focus: Stock Moves 7.4% Higher
Teradyne, Inc.(TER - Free Report) was a big mover last session, as the company saw its shares rise more than 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 13.4% in the past one-month time frame.
The move came after the company reported solid third-quarter 2017 results.
The company has seen a mixed track record when it comes to estimate revisions of four increases and no decrease over the past few months, while the Zacks Consensus Estimate for the current quarter has remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Teradyne currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Another stock worth considering in the Computer and Technology sector is Agilent Technologies, Inc. (A - Free Report) which carries a Zacks Rank #2 (Buy).You can see the complete list of today’s Zacks #1 Rank stocks here.
Is TER going up? Or down? Predict to see what others think: Up or Down
Wall Street’s Next Amazon
Zacks EVP Kevin Matras believes this familiar stock has only just begun its climb to become one of the greatest investments of all time. It’s a once-in-a-generation opportunity to invest in pure genius.
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