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Alliance Fiber Optic Products (AFOP) Jumps: Stock Rises 7.9%
April 22, 2014

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Alliance Fiber Optic Products Inc. was a big mover last session, as the company saw its shares rise by almost 8% 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 27% in the past one-month time frame.

This fibre optics company has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Alliance Fiber Optic Products. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Alliance Fiber Optic Products currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some  stocks in the technology sector looking equally good include Advanced Micro Devices, Inc. (AMD - Free Report) , Bitauto Holdings Ltd. (BITA - Free Report) and Advanced Energy Industries, Inc. (AEIS - Free Report) . All these stocks carry the same Zacks Rank as Alliance Fiber Optic Products.

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