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Teradyne (TER) Soars: Stock Adds 6.4% in Session


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Teradyne, Inc.TER was a big mover last session, as the company saw its shares rise more than 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 14% in the past one-month time frame.

The move came after the company reported better-than-expected second-quarter 2018 results.

The company has seen no estimate revisions over the past few weeks and the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Teradyne currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.  

Teradyne, Inc. Price

Teradyne, Inc. Price | Teradyne, Inc. Quote



A better-ranked stock in the Electronics - Testing Equipment industry is AMETEK, Inc. AME , which currently carries a Zacks Rank #2 (Buy). You can see  the complete list of today's Zacks #1 Rank (Strong Buy) stocks here .

Is TER going up? Or down? Predict to see what others think: Up or Down

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Last year, it generated $8 billion in global revenues. By 2020, it's predicted to blast through the roof to $47 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.

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AMETEK, Inc. (AME): Free Stock Analysis Report

Teradyne, Inc. (TER): Free Stock Analysis Report

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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 Symbols: AME , TER



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