Advanced Micro Devices, Inc. ( AMD ) was a big mover last session, as the company saw its shares rise by over 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 now gained almost 18% since Jun 24.
This semiconductor company has seen one positive and one negative estimate revision over the past 30 days and its Zacks Consensus Estimate remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Advanced Micro Devices has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.
Some better-ranked stocks in the same sector include OmniVision Technologies, Inc. ( OVTI ), Silicon Motion Technology Corp. ( SIMO ) and Avago Technologies Limited ( AVGO ). While OmniVision Technologies and Silicon Motion Technology hold a Zacks Rank #1 (Strong Buy), Avago Technologies carries a Zacks Rank #2 (Buy).
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