Kulicke and Soffa Industries, Inc. (NASDAQ:$KLIC) moved a lot last session when its shares rose more than 20%, continuing the recent uptrend for the company. It was a popular move among investors, with shares changing hands far more than in a normal session. KLIC’s stock has gone up 29.8% in the past one-month time frame.
The move came after the company reported strong fourth-quarter financials.
Based on this, it would be a good idea to keep an eye on KLIC in the near future, as the company has seen no estimate revisions over the past few weeks nor has the Zacks Consensus Estimate for the current quarter changed. In fact, Kulicke and Soffa currently hold a Zacks Rank #3 (Hold), and its Earnings EPS is positive.
Currently at Zacks Rank #1 (Strong Buy) is Axcelis Technologies, Inc., which has an even better-ranked stock than KLIC in the Electronics-Manufacturing Machinery industry. You can see the complete list of today’s Zacks #1 Rank stocks here.
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