Markets
TXN

Strength Seen in STMicroelectronics (STM): Stock Up 5.1%

STMicroelectronics N.V.STM 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 26% since Jan 6.

The company has seen one positive revision in the past one month, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for this stock. So make sure to keep an eye on this stock going forward to see if Friday's jump can turn into more strength down the road.

STMicroelectronics currently sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is positive.

STMicroelectronics N.V. Price

STMicroelectronics N.V. Price | STMicroelectronics N.V. Quote

Another top-ranked stock in the same space is Texas Instruments Incorporated TXN , flaunting the same rank as STMicroelectronics. You can see the complete list of today's Zacks #1 Rank stocks here .

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

Zacks' Top Investment Ideas for Long-Term Profit

How would you like to see our best recommendations to help you find today's most promising long-term stocks? Starting now, you can look inside our portfolios featuring stocks under $10, income stocks, value investments and more. These picks, which have double and triple-digit profit potential, are rarely available to the public. But you can see them now. Click here >>

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

STMicroelectronics N.V. (STM): Free Stock Analysis Report

Texas Instruments Incorporated (TXN): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

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

TXN STM

Other Topics

Investing Stocks

Latest Markets Videos

    Zacks

    Zacks is the leading investment research firm focusing on stock research, analysis and recommendations. In 1978, our founder discovered the power of earnings estimate revisions to enable profitable investment decisions. Today, that discovery is still the heart of the Zacks Rank. A wealth of resources for individual investors is available at www.zacks.com.

    Learn More