Teradyne, Inc. TER was a big mover last session, as the company saw its shares rise nearly 7% 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 for the company—as the stock is now up 12.02% in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revisions of one increase and two decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter hasn’t been in the trend either. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Teradyne currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.
Teradyne, Inc. Price
Another player in the Electronics – Testing Equipment industry, which looks attractive at current levels is AMTEK, Inc. AME, which hasthe same Zacks Rank as Teradyne. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is TER going up? Or down? Predict to see what others think: Up or Down.
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