Advanced Energy Industries, Inc. AEIS was a big mover last session, as the company saw its shares rise roughly 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 for the company as the stock is now up 13.2% in the past one-month time frame.
The company has seen no estimate revisions over the past 7 days, while the Zacks Consensus Estimate remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Advanced Energy Industries currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
A better-ranked stock in the same industry is Applied Materials, Inc. AMAT, which sports a Zacks Rank #1 (Strong Buy).
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