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Cray (CRAY) Surges: Stock Moves 14.6% Higher
January 08, 2014

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Cray Inc. (CRAY - Free Report) was a big mover last session, as the company saw its shares rise by roughly 15% 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 has now gained over 34% in the past one month time frame.

This diversified computer systems company has seen no estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cray currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.

Some better-ranked stocks in technology sector include Advanced Energy Industries, Inc. (AEIS - Free Report) , Alps Electric Co. Ltd. (APELY - Free Report) and Broadcom Corp. . All these stocks hold a Zacks Rank #1 (Strong Buy).

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