Xilinx Inc. (XLNX) in Focus: Stock Jumps 5.9% – Tale of the Tape

Zacks

Xilinx Inc. (XLNX) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume with far more shares changing hands than in a normal session. This reverses the recent trend of the company, as the stock is now trading above the volatile price range of $39.67 to $42.27 since Mar 2, 2015.

None of the estimates for this semi-pro logic development stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Xilinx currently carries a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

A better-ranked stock in the broad computer and technology sector is Apple Inc. (AAPL), carrying a Zacks Rank #1 (Strong Buy).

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