Vimicro International Corp.
) was a big mover last session, as its shares surged nearly 20%
on the day. The jump came on solid volume too with far more
shares changing hands than in a normal session. This reverses the
recent trend for this semiconductor company as the stock is now
down roughly 7% in the past one-month time frame.
The company did not see any estimate revision over the last 30
days and the Zacks Consensus Estimate also remained unchanged.
The recent price action is encouraging though, so make sure to
stay focused on this firm in the near future.
Vimicro International currently has a Zacks Rank #3 (Hold)
However, some better-ranked stocks in the technology sector
Amkor Technology, Inc.
Pericom Semiconductor Corp.
ChipMOS TECHNOLOGIES (Bermuda) LTD.
). While Pericom and ChipMOS carry a Zacks Rank #1 (Strong Buy),
Amkor holds a Zacks Rank #2 (Buy).
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