Nova Measuring Instruments Ltd.NVMI was a big mover last session, as its shares rose over 7% on the day. The move came after the company announced that Mr. Dror David, Chief Financial Officer, will participate at two upcoming investor conferences. This also led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up over 42% in the past one-month time frame.
The company has seen one positive estimate revision in the last 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, 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 sports a Zacks Rank #1 (Strong Buy).
Nova Measuring Instruments Ltd. Price
Another top ranked stock in the Electronics - Measuring Instruments space is Camtek Ltd. CAMT , carrying a Zacks Rank #2. You can the complete list of today's Zacks #1 Rank stocks here.
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