Applied Optoelectronics, Inc. (AAOI) was a big mover last session, as the company saw its shares rise more than 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 above 100% since Feb 13, 2014.
Over the last 30 days, the company has seen two negative estimate revisions, while its Zacks Consensus Estimate moved lower over the same time frame, suggesting trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent move higher can last.
Applied Optoelectronics currently has a Zacks Rank #5 (Strong Sell) while its Earnings ESP is 0.00%.
Some better-ranked semiconductor stocks include Lattice Semiconductor Corporation (LSCC), Integrated Device Technology, Inc. (IDTI) and Ambarella, Inc. (AMBA). While Integrated Device sports a Zacks Rank #1 (Strong Buy), Ambarella and Lattice Semiconductor carry a Zacks Rank #2 (Buy).
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APPLIED OPTOELECTRONICS INC (AAOI): Free Stock Analysis Report
INTEGRATED DEVICE TECH (IDTI): Free Stock Analysis Report
LATTICE SEMICONDUCTOR CP (LSCC): Free Stock Analysis Report
AMBARELLA ORD (AMBA): Free Stock Analysis Report
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