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Cohu, Inc. (COHU) Looks Good: Stock Adds 15.2% in Session

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Cohu, Inc.COHU was a big mover last session, as its shares rose over 15% on the day. The move came after the company announced robust fourth-quarter 2016 earnings and the results also exceeded Wall Street expectations. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.94 to $13.64 in the past one-month time frame.

None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday's price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Cohu, Inc. currently carries a Zacks Rank #3 (Hold).

Cohu, Inc. Price

Cohu, Inc. Price | Cohu, Inc. Quote

A better-ranked stock in the Electronics - Manufacturing Machinery space is Ultra Clean Holdings, Inc. UCTT , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here.

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

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Ultra Clean Holdings, Inc. (UCTT): Free Stock Analysis Report

Cohu, Inc. (COHU): 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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