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Xilinx, Inc. was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $67.42 to $70.49 in the past one month time frame.
The move came as an after-effect as the company reported that its chief executive officer and president Moshe Gavrielov had decided to retire effective Jan 28, 2018. He will be replaced by COO Victor Peng.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Xilinx currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Is XLNX going up? Or down? Predict to see what others think: Up or Down
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
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Xilinx (XLNX) Catches Eye: Stock Jumps 5.2%
Xilinx, Inc. was a big mover last session, as the company saw its shares rise more than 5% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. The stock picked up sharply from the near-flat trend of $67.42 to $70.49 in the past one month time frame.
The move came as an after-effect as the company reported that its chief executive officer and president Moshe Gavrielov had decided to retire effective Jan 28, 2018. He will be replaced by COO Victor Peng.
The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Xilinx currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.
Xilinx, Inc. Price
Xilinx, Inc. Price | Xilinx, Inc. Quote
A better-ranked stock in the Computer and Technology sector is Analog Devices, Inc. (ADI - Free Report) , which currently carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is XLNX going up? Or down? Predict to see what others think: Up or Down
5 Medical Stocks to Buy Now
Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.
New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.
Click here to see the 5 stocks >>