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Teradyne (TER) Shows Strength: Stock Moves 7.6% Higher
Teradyne, Inc. (TER - Free Report) was a big mover last session, as its shares rose almost 8% on the day. The move came after the company reported solid first-quarter 2017 financial results. This led to far more shares changing hands than in a normal session. This continues the recent uptrend for the company as the stock is now up 17.8% in the past one-month time frame.
Over the last 30 days, the company witnessed two positive estimate revisions. The Zacks Consensus Estimate also moved higher, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if yesterday’s jump can turn into more strength down the road.
Teradyne currently carries a Zacks Rank #2 (Buy).
Teradyne, Inc. Price
Teradyne, Inc. Price | Teradyne, Inc. Quote
Another top-ranked stock in the Electronics - Testing Equipment space is Fortive Corporation (FTV - Free Report) , carrying a Zacks Rank #2. 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
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