U.S. Markets close in 4 hrs

Teradyne (TER) Looks Good: Stock Adds 7.6% in Session

Zacks Equity Research

Teradyne, Inc. TER was a big mover last session, as the company saw its shares rise nearly 8% 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 21.2%  in the past one-month time frame.

The move came after the company reported better-than-expected first-quarter 2019 results.

The company has seen no changes when it comes to estimate revision over the past few weeks, while the Zacks Consensus Estimate for the current quarter has also remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Teradyne currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

Teradyne, Inc. Price

Teradyne, Inc. Price | Teradyne, Inc. Quote

Investors interested in the Electronics - Testing Equipment industry may consider Fortive Corporation FTV, which has a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

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

Radical New Technology Creates $12.3 Trillion Opportunity

Imagine buying Microsoft stock in the early days of personal computers… or Motorola after it released the world’s first cell phone. These technologies changed our lives and created massive profits for investors.

Today, we’re on the brink of the next quantum leap in technology. 7 innovative companies are leading this “4th Industrial Revolution” - and early investors stand to earn the biggest profits.

See the 7 breakthrough stocks now>>


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
 
Teradyne, Inc. (TER) : Free Stock Analysis Report
 
Fortive Corporation (FTV) : Free Stock Analysis Report
 
To read this article on Zacks.com click here.
 
Zacks Investment Research