Intel Corporation ( INTC ) was a big mover last session, as the company saw its shares rise by almost 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 as the stock is now roughly 16% in the past one-month time frame.
This semiconductor company has seen fourteen positive estimate revisions over the past 30 days and its Zacks Consensus Estimate has moved higher over the same time frame, suggesting that more solid trading could be ahead for Intel Corporation. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
Intel Corporation currently has a Zacks Rank #2 (Buy) while its Earnings ESP
Some better-ranked stocks in the same industry include Intersil Corporation
), NVIDIA Corporation
) and Texas Instruments Inc.
). All these stocks carry a Zacks Rank #2 (Buy).
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Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free reportINTEL CORP (INTC): Free Stock Analysis ReportINTERSIL CORP (ISIL): Free Stock Analysis ReportNVIDIA CORP (NVDA): Free Stock Analysis ReportTEXAS INSTRS (TXN): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment Research