Alpha & Omega Semiconductor (AOSL) in Focus: Stock Moves 5.2% Higher – Tale of the Tape

Zacks

Alpha & Omega Semiconductor, Ltd. (AOSL) was a big mover last session, as the company saw its shares rise by over 5% 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 of the company as the stock has now gained over 12% since May 7.

This semiconductor company has seen one positive estimate revision over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Alpha & Omega Semiconductor. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.

Alpha & Omega Semiconductor currently has a Zacks Rank #2 (Buy) while its Earnings ESP is positive.

Some stocks in the same industry looking equally good include Applied Micro Circuits Corporation (AMCC), PLX Technology Inc. (PLXT) and Allied Rambus Inc. (RMBS). All these stocks carry a Zacks Rank #1 (Strong Buy).

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