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Applied Micro Circuits (AMCC) Surges: Stock Moves 11.9% Higher - Tale of the Tape

Applied Micro Circuits Corporation ( AMCC ) was a big mover last session, as the company saw its shares rise by almost 12% 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 over 25% in the past one-month time frame.

This semiconductor company has seen no 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.

Applied Micro Circuits Corporation currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is 0.00%.

Some stocks in the same industry looking equally good include Avago Technologies Limited ( AVGO ), Exar Corp. ( EXAR ) and PLX Technology Inc. ( PLXT ). All these stocks carry a Zacks Rank #1 (Strong 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 report

APPLD MICRO CIR (AMCC): Free Stock Analysis Report

AVAGO TECHNOLOG (AVGO): Free Stock Analysis Report

EXAR CORP (EXAR): 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.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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