Vimicro International Corp. (VIMC) was a big mover last session, as the company saw its shares rise over 14% 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 — as the stock is now up more than 97% in the past one-month time frame.
The company has seen 1 positive estimate revision in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Vimicro currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.
Other well-performing semiconductor stocks include Ambarella, Inc. (AMBA), Avago Technologies Limited (AVGO) and Cirrus Logic Inc. (CRUS). All these stocks sport the same Zacks Rank as Vimicro.
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