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Intel Corporation (INTC - 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 16.6% in the past one-month time frame.
The move came after the company reported better than expected third-quarter 2017 results.
The company has seen nine positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Intel. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Intel currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Is INTC going up? Or down? Predict to see what others think: Up or Down
Zacks’ Best Private Investment Ideas
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Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
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Intel (INTC) in Focus: Stock Moves 7.4% Higher
Intel Corporation (INTC - 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 16.6% in the past one-month time frame.
The move came after the company reported better than expected third-quarter 2017 results.
The company has seen nine positive estimate revisions in the past few weeks, while its Zacks Consensus Estimate for the current quarter has also moved higher over the past few weeks, suggesting that more solid trading could be ahead for Intel. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Intel currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is positive.
Intel Corporation Price
Intel Corporation Price | Intel Corporation Quote
Another stock worth considering in the Semiconductor – General industry is NVIDIA Corporation (NVDA - Free Report) which carries a Zacks Rank #1.You can see the complete list of today’s Zacks #1 Rank stocks here.
Is INTC going up? Or down? Predict to see what others think: Up or Down
Zacks’ Best Private Investment Ideas
While we are happy to share many articles like this on the website, our best recommendations and most in-depth research are not available to the public.
Starting today, for the next month, you can follow all Zacks' private buys and sells in real time. Our experts cover all kinds of trades… from value to momentum . . . from stocks under $10 to ETF and option moves . . . from stocks that corporate insiders are buying up to companies that are about to report positive earnings surprises. You can even look inside exclusive portfolios that are normally closed to new investors.
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