Vimicro International Corp. (VIMC) was a big mover last session, as its shares surged nearly 20% on the day. The jump came on solid volume too with far more shares changing hands than in a normal session. This reverses the recent trend for this semiconductor company as the stock is now down roughly 7% in the past one-month time frame.
The company did not see any estimate revision over the last 30 days and the Zacks Consensus Estimate also remained unchanged. The recent price action is encouraging though, so make sure to stay focused on this firm in the near future.
Vimicro International currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
However, some better-ranked stocks in the technology sector include Amkor Technology, Inc. (AMKR), Pericom Semiconductor Corp. (PSEM) and ChipMOS TECHNOLOGIES (Bermuda) LTD. (IMOS). While Pericom and ChipMOS carry a Zacks Rank #1 (Strong Buy), Amkor holds a Zacks Rank #2 (Buy).
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