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AXT (AXTI) Shows Strength: Stock Adds 5.1% in Session
October 03, 2016

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AXT Inc. (AXTI - Free Report) was a big mover last session, as the company saw its shares rise over 5%. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company, as the stock is now up 20.98% in the past one-month time frame.

The company has not seen any estimate revision in the past month and its Zacks Consensus Estimate also remained unchanged. Last Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

AXT currently carries a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

An equally-ranked stock in the semiconductor-technology industry is Alpha & Omega Semiconductor, Ltd. (AOSL - Free Report) , holding a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here.

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