This semiconductor equipment and materials manufacturer has seen no estimate revision in the last 30 days. Meanwhile, the Zacks Consensus Estimate has moved higher over the same period. This implies solid trading potential for the company. So make sure to keep an eye on this stock going forward to see if yesterday’s rally can turn into more strength down the road.
Axcelis Technologies currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is positive.
Better-ranked stocks in the electronic/machinery manufacturing industry include MKS Instruments, Inc. (MKSI), Tessera Technologies Inc. (TSRA) and Brooks Automation, Inc. (BRKS). While MKS Instruments and Tessera Technologies sport a Zacks Rank #1 (Strong Buy), Brooks Automation holds a Zacks Rank #2 (Buy).
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