Synaptics Inc. (SYNA) was a big mover last session, as the company saw its shares rise by over 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 of the company as the stock has now gained almost 24% since Jan 9.
This application software company has seen two positive revisions over the last 30 days and its Zacks Consensus Estimate moved higher over the same time frame, suggesting that more solid trading could be ahead for Synaptics. So make sure to keep an eye on this stock going forward to see if this recent move higher can turn into more strength down the road.
Synaptics currently has a Zacks Rank #1 (Strong Buy) while its Earnings ESP is negative.
Some stocks in the same industry looking equally good include Logitech International SA (LOGI), LG Display Co., Ltd. (LPL) and Analogic Corp. (ALOG). While Logitech International and LG Display hold a Zacks Rank #1 (Strong Buy), Analogic Corporation carries a Zacks Rank #2 (Buy).
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SYNAPTICS INC (SYNA): Free Stock Analysis Report
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ANALOGIC CP (ALOG): Free Stock Analysis Report
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