Markets

MACOM (MTSI) Worth Watching: Stock Rises 5.4% in Session

MACOM Technology Solutions Holdings, Inc.MTSI was a big mover last session, as the company saw its shares rise over 5% 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 29.5% since Nov 1.

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.

MACOM currently carries a Zacks Rank #3 (Hold).

MA-COM TECH SOL Price

MA-COM TECH SOL Price | MA-COM TECH SOL Quote

A better-ranked stock in the same industry is Microchip Technology Inc. MCHP , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today's Zacks #1 Rank stocks here .

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

Confidential from Zacks

Beyond this Tale of the Tape, would you like to see Zacks' best recommendations that are not available to the public? Our Executive VP, Steve Reitmeister, knows when key trades are about to be triggered and which of our experts has the hottest hand. Click to see them now>>

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

MICROCHIP TECH (MCHP): Free Stock Analysis Report

MA-COM TECH SOL (MTSI): Free Stock Analysis Report

To read this article on Zacks.com click here.

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.

In This Story

MCHP MTSI

Other Topics

Investing Stocks

Latest Markets Videos