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InvenSense (INVN) Soars: Stock Adds 11.3% in Session
December 31, 2013

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InvenSense, Inc. (INVN) was a big mover last session, as the company saw its shares jump by over 11% 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 more than 22% since Dec 19.

This motion processing solutions provider has seen no estimate revision in the last one month and its Zacks Consensus Estimate remained static over the same time frame. Yesterday’s price action is encouraging though. So, make sure to keep a close watch on this firm in the near future.

InvenSense currently has a Zacks Rank #4 (Sell) while its Earnings ESP is 0.00%.

However, better-ranked stocks in the electronics-miscellaneous components industry include Fabrinet (FN), AAC Technologies Holdings Inc. (AACAY - Free Report) and IEC Electronics Corp. (IEC - Free Report) . While Fabrinet and AAC Technologies Holdings hold a Zacks Rank #1 (Strong Buy), IEC Electronics carries a Zacks Rank #2 (Buy).

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