Avnet (AVT) Looks Good: Stock Adds 5.1% in Session

Zacks

Avnet, Inc. (AVT) 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 breaks the recent trend of the company, as the stock is now trading above the volatile price range of $41.27 to $43.67 in the past one-month time frame.

The company has seen no estimate revision over the past 30 days, while the Zacks Consensus Estimate remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Avnet currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.

Other players in the broader Electronics sector that are worth considering include FormFactor Inc. (FORM), Silicon Image, Inc. (SIMG) and Integrated Device Technology, Inc. (IDTI). All these stocks sport the same Zacks Rank as Avnet.

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AVNET INC (AVT): Free Stock Analysis Report

FORMFACTOR INC (FORM): Free Stock Analysis Report

SILICON IMAGE INC (SIMG): Free Stock Analysis Report

INTEGRATED DEVICE TECH (IDTI): Free Stock Analysis Report


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