Back to top

Image: Bigstock

Synopsys (SNPS) in Focus: Stock Moves 6.4% Higher

Read MoreHide Full Article

Synopsys, Inc. (SNPS - Free Report) was a big mover last session, as the company saw its shares rise more than 6% 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 9.6% in the past one-month time frame.

The move came after the company reported solid fiscal third-quarter 2018 results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

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

Investors interested in the Computer - Software industry may consider Aspen Technology, Inc. (AZPN - Free Report) , which has a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.

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

5 Medical Stocks to Buy Now

Zacks names 5 companies poised to ride a medical breakthrough that is targeting cures for leukemia, AIDS, muscular dystrophy, hemophilia, and other conditions.

New products in this field are already generating substantial revenue and even more wondrous treatments are in the pipeline. Early investors could realize exceptional profits.

Click here to see the 5 stocks >>
 


See More Zacks Research for These Tickers


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


Synopsys, Inc. (SNPS) - free report >>

Aspen Technology, Inc. (AZPN) - free report >>

Published in