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Atmel Corporation (ATML) Jumps: Stock Rises 5.3%

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Atmel Corporation was a big mover last session, as the company saw its shares rise by over 5% 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 almost 22% in the past one month time frame.

This semiconductor 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.

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

Some better-ranked stocks in the technology sector include Alps Electric Co. Ltd. (APELY - Free Report) , Advanced Photonix Inc. and Cirrus Logic Inc. (CRUS - Free Report) . While Alps Electric holds a Zacks Rank #1 (Strong Buy), Advanced Photonix and Cirrus Logic carry a Zacks Rank #2 (Buy).

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