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Xilinx (XLNX) Jumps: Stock Rises 6.2%

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Xilinx, Inc. (XLNX) was a big mover last session, as the company saw its shares rise more than 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continue the recent uptrend for the company — as the stock is now up 25% in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revisions of three increase and four decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter has increased. 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.

A better-ranked stock in the Computer and Technology sector is Taiwan Semiconductor Manufacturing Company Ltd. (TSM - Free Report) , which currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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Taiwan Semiconductor Manufacturing Company Ltd. (TSM) - free report >>