Pericom Semiconductor Corp. (PSEM) was a big mover last session, as the company saw its shares rise more than 6% 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 is now up 21.68% over the past one-month time frame.
None of the estimates for this semiconductor stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Friday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Pericom Semiconductor has a Zacks Rank #2 (Buy), while its Earnings ESP is 0.00%
Investors interested in the sector may also consider stocks like Avago Technologies Limited (AVGO), AXT Inc. (AXTI) and Advanced Semiconductor Engineering Inc. (ASX). While Avago Technologies and AXT sport a Zacks Rank #1 (Strong Buy), Advanced Semiconductor carries a Zacks Rank #2 (Buy).
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