VECO Enters Oversold Territory


Veeco Instruments Inc.’s (NasdaqGS:VECO - News) share price has entered into oversold territory with a stochastic value of 16.146. The Zacks Consensus Estimate on the company’s earnings for December 2011 increased by 3 cents over the past two months to $4.48 per share. Veeco Instruments Inc is a Zacks #1 Rank (“Strong Buy”) company.

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