Back to top

Image: Bigstock

Skyworks Solutions (SWKS) Jumps: Stock Rises 6.1%

Read MoreHide Full Article

Skyworks Solutions, Inc. (SWKS - Free Report) was a big mover last session, as the company saw its shares rise over 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $95.05–$102.29 in the past one-month time frame, witnessed a sharp increase yesterday.

Although the company has seen one positive estimate revision in the past one month, its Zacks Consensus Estimate for the current quarter has 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.    

Skyworks Solutions currently has a Zacks Rank #4 (Sell) while its Earnings ESPis positive.

Skyworks Solutions, Inc. Price and Consensus

A better ranked stock worth considering in the  Computer and Technology sector is Applied Materials, Inc. (AMAT - Free Report) which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

Is SWKS going up? Or down? Predict to see what others think: Up or Down

Breaking News: Cryptocurrencies Now Bigger than Visa

The total market cap of all cryptos recently surpassed $700 billion – more than a 3,800% increase in the previous 12 months. They’re now bigger than Morgan Stanley, Goldman Sachs and even Visa! The new asset class may expand even more rapidly in 2018 as new investors continue pouring in and Wall Street becomes increasingly involved.

Zacks’ has just named 4 companies that enable investors to take advantage of the explosive growth of cryptocurrencies via the stock market.

Click here to access these stocks. >>
 


See More Zacks Research for These Tickers


Normally $25 each - click below to receive one report FREE:


Skyworks Solutions, Inc. (SWKS) - free report >>

Applied Materials, Inc. (AMAT) - free report >>

Published in