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GT Advanced Technologies (GTAT) in Focus: Stock Up 6.4%

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GT Advanced Technologies Inc. was a big mover last session, as the company saw its shares rise by over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $8.57 to $9.47 in the past one-month time frame.

Despite a positive estimate revision over the past 30 days, while the company’s 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.

GT Advanced Technologies currently has a Zacks Rank #3 (Hold) while its Earnings ESP is positive.

However, some better-ranked electric computer-semiconductor stocks include Cirrus Logic Inc. (CRUS - Free Report) , Himax Technologies, Inc. (HIMX - Free Report) and Rambus Inc. (RMBS - Free Report) . While Cirrus sports a Zacks Rank #1 (Strong Buy), Himax and Rambus carry a Zacks Rank #2 (Buy).

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