Strength Seen in Skyworks (SWKS): Stock Up 9.3% – Tale of the Tape

Zacks

Skyworks Solutions Inc. (SWKS) was a big mover last session with its shares rising over 9% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company as the stock is now trading above the past one month’s volatile price range of $34.90 to $37.96.

This global provider of analog semiconductors has seen no estimate revision in the last 30 days. The Zacks Consensus Estimate hasn’t been in trend either. Yesterday’s rally is encouraging though, so make sure to keep a close watch on this firm in the near future.

Skyworks currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Some better-ranked stocks in the broader technology sector include Alliance Fiber Optic Products Inc. (AFOP), Nidec Corp. (NJ) and Arrow Electronics, Inc. (ARW). While AFOP and NJ sport a Zacks Rank #1 (Strong Buy), ARW carries a Zacks Rank #2 (Buy).

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