Skyworks Solutions, Inc. (NASDAQ:SWKS) was a big mover last session, as the company saw its shares rise over 6% 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 $95.05–$102.29 in the past one-month time frame, witnessed a sharp increase yesterday.
Although the company has seen one positive estimate revision in the past one month, its Zacks Consensus Estimate for the current quarter has remained unchanged over the same time frame. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Skyworks Solutions currently has a Zacks Rank #4 (Sell) while its Earnings ESPis positive.
Skyworks Solutions, Inc. Price and Consensus
A better ranked stock worth considering in the Computer and Technology sector is Applied Materials, Inc. (NASDAQ:AMAT) which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is SWKS going up? Or down? Predict to see what others think: Up or Down
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Skyworks Solutions, Inc. (SWKS): Free Stock Analysis Report
Applied Materials, Inc. (AMAT): Free Stock Analysis Report
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