Freescale Semiconductor (FSL) Jumps: Stock Rises 6.7% - Tale of the Tape

By Zacks Equity Research,

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Freescale Semiconductor, Ltd. ( FSL ) was a big mover last session, as the company saw its shares rise nearly 7% 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 from Dec 12 as the stock is now up nearly 11%.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday's price jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Freescale Semiconductor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the semiconductor - broad line industry include Mindspeed Technologies Inc. ( MSPD ), Pericom Semiconductor Corp. ( PSEM ) and O2Micro International Ltd. ( OIIM ). While Mindspeed Technologies and Pericom Semiconductor carry a Zacks Rank #1 (Strong Buy), O2Micro International has a Zacks Rank #2 (Buy).

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

This article appears in: Investing , Investing Ideas , Stocks
Referenced Stocks: FSL , MSPD , OIIM , PSEM

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