Ultratech (UTEK) Jumps: Stock Adds 5.6% in Session - Tale of the Tape
) was a big mover last session, with shares rising nearly 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 has gained over 15% since June
This developer of photolithography, laser thermal processing and inspection equipment has seen no estimate revision in the last 7 days. The Zacks Consensus Estimate has also remained unchanged over the same period. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Ultratech currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Investors interested in the broader Technology sector can consider stocks like KEMET Corp. ( KEM ), Nidec Corp. ( NJ ) and TE Connectivity Ltd. ( TEL ). While Kemet Corp. sports a Zacks Rank #1 (Strong Buy), Nidec Corp. and TE Connectivity bear a Zacks Rank #2 (Buy).
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ULTRATECH STEP (UTEK): Free Stock Analysis Report
KEMET CORP (KEM): Free Stock Analysis Report
NIDEC CORP-ADR (NJ): Free Stock Analysis Report
TE CONNECT-LTD (TEL): Free Stock Analysis Report
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