Ichor Holdings, Ltd. (NASDAQ:ICHR) was a big mover last session, as the company saw its shares rise nearly 7% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This stock, which remained volatile and traded within the range of $24.2–$27.5 in the past one-month time frame, witnessed a sharp increase yesterday.
The company has seen no estimate revisions over the past one month, and 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.
Ichor Holdings currently has a Zacks Rank #3 (Hold) while its Earnings ESP is negative.
Ichor Holdings, Ltd. Price and Consensus
A better ranked stock in the Zacks Electronics - Semiconductors industry is Mellanox Technologies, Ltd. (NASDAQ:MLNX) which carries a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is ICHR going up? Or down? Predict to see what others think: Up or Down
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Here's another stock idea to consider. Much like petroleum 150 years ago, lithium power may soon shake the world, creating millionaires and reshaping geo-politics. Soon electric vehicles (EVs) may be cheaper than gas guzzlers. Some are already reaching 265 miles on a single charge.
With battery prices plummeting and charging stations set to multiply, one company stands out as the #1 stock to buy according to Zacks research.
It's not the one you think.
Mellanox Technologies, Ltd. (MLNX): Free Stock Analysis Report
Ichor Holdings, Ltd. (ICHR): Free Stock Analysis Report
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Zacks Investment Research