Back to top

Avago Technologies (AVGO) in Focus: Stock Moves 6.9% Higher

Read MoreHide Full Article
Avago Technologies Limited (AVGO - Free Report) was a big mover last session, as the company saw its shares rise by nearly 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 almost 22% in the past one-month time frame.

Though the company has seen two positive and four negative estimate revisions over the past 30 days, the Zacks Consensus Estimate moved up during the same time frame. 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.

Avago currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked semiconductor stocks include Pericom Semiconductor Corp. , Amkor Technology, Inc. (AMKR - Free Report) and Advanced Photonix Inc. . While Pericom sports a Zacks Rank #1 (Strong Buy), Amkor and Advanced Photonix hold a Zacks Rank #2 (Buy).

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

In-Depth Zacks Research for the Tickers Above

Normally $25 each - click below to receive one report FREE:

Broadcom Inc. (AVGO) - free report >>

Amkor Technology, Inc. (AMKR) - free report >>

More from Zacks Tale of the Tape

You May Like

Published in