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Cohu, Inc. (COHU) Looks Good: Stock Adds 15.2% in Session
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Cohu, Inc. (COHU - Free Report) was a big mover last session, as its shares rose over 15% on the day. The move came after the company announced robust fourth-quarter 2016 earnings and the results also exceeded Wall Street expectations. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.94 to $13.64 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cohu, Inc. currently carries a Zacks Rank #3 (Hold).
Is COHU going up? Or down? Predict to see what others think: Up or Down
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>
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Cohu, Inc. (COHU) Looks Good: Stock Adds 15.2% in Session
Cohu, Inc. (COHU - Free Report) was a big mover last session, as its shares rose over 15% on the day. The move came after the company announced robust fourth-quarter 2016 earnings and the results also exceeded Wall Street expectations. This led to far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $12.94 to $13.64 in the past one-month time frame.
None of the estimates for this stock were revised over the past 30 days. The Zacks Consensus Estimate also remained unchanged over the same time frame. Yesterday’s price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Cohu, Inc. currently carries a Zacks Rank #3 (Hold).
Cohu, Inc. Price
Cohu, Inc. Price | Cohu, Inc. Quote
A better-ranked stock in the Electronics - Manufacturing Machinery space is Ultra Clean Holdings, Inc. (UCTT - Free Report) , sporting a Zacks Rank #1 (Strong Buy). You can see the complete list of today’s Zacks #1 Rank stocks here.
Is COHU going up? Or down? Predict to see what others think: Up or Down
Zacks' Top 10 Stocks for 2017
In addition to the stocks discussed above, would you like to know about our 10 finest buy-and-hold tickers for the entirety of 2017?
Who wouldn't? Last year's market-beating Top 10 portfolio produced 5 double-digit winners. For example, oil and natural gas giant Pioneer Natural Resources and First Republic Bank racked up stellar gains of +44.9% and +44.3% respectively. Now a brand-new list for 2017 has been hand-picked from 4,400 companies covered by the Zacks Rank. See the 2017 Top 10 right now>>