Nova Measuring Instruments Ltd.NVMI was a big mover last session, as its shares rose almost 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 almost 19% in the past one-month time frame.
The company has seen one positive estimate revision in the past one-month time frame and its Zacks Consensus Estimate also moved higher over the same period, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday's jump can turn into more strength down the road.
Nova Measuring currently carries a Zacks Rank #1 (Strong Buy).
Nova Measuring Instruments Ltd. Price
Another favorably placed stock in the Electronics - Measuring Instruments space is Perceptron, Inc. PRCP , sporting a Zacks Rank #1. You can see the complete list of today's Zacks #1 Rank stocks here.
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