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Allegro MicroSystems (ALGM)

(Delayed Data from NSDQ)

$31.78 USD

31.78
1,034,851

-1.37 (-4.13%)

Updated Jul 17, 2024 04:00 PM ET

After-Market: $31.78 0.00 (0.00%) 6:20 PM ET

Zacks Rank:

This is our short term rating system that serves as a timeliness indicator for stocks over the next 1 to 3 months. How good is it? See rankings and related performance below.

Zacks Rank Definition Annualized Return
1Strong Buy24.15%
2Buy17.88%
3Hold9.47%
4Sell5.14%
5Strong Sell2.57%
S&P50011.11%

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3-Hold of 5     3    

Style Scores:

The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style.

The scores are based on the trading styles of Value, Growth, and Momentum. There's also a VGM Score ('V' for Value, 'G' for Growth and 'M' for Momentum), which combines the weighted average of the individual style scores into one score.

Value Score A
Growth Score A
Momentum Score A
VGM Score A

Within each Score, stocks are graded into five groups: A, B, C, D and F. As you might remember from your school days, an A, is better than a B; a B is better than a C; a C is better than a D; and a D is better than an F.

As an investor, you want to buy stocks with the highest probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style.

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F Value F Growth D Momentum F VGM

Industry Rank:

The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.

An industry with a larger percentage of Zacks Rank #1's and #2's will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4's and #5's.

The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%.

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Zacks Industry Rank Education -- Learn more about the Zacks Industry Rank

Top 34% (86 out of 250)

Industry: Electronics - Semiconductors

Better trading starts here.

Zacks News

Best Momentum Stock to Buy for March 31st

KR, TRIN and ALGM made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on March 31, 2023.

Allegro MicroSystems, Inc. (ALGM) Recently Broke Out Above the 20-Day Moving Average

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

Supriyo Bose headshot

3 Momentum Anomaly Picks as Markets Shake Off Banking Crisis

Arista (ANET), Allegro (ALGM) and Crocs (CROX) are currently witnessing a short-term pullback in price. So, make sure you take full advantage of it.

Shaun Pruitt headshot

3 Tech Stocks That Can March into April

Here are three tech stocks that were recently added to the Zacks Rank #1 (Strong Buy) list this week and could rise going into April.

All You Need to Know About Allegro MicroSystems, Inc. (ALGM) Rating Upgrade to Strong Buy

Allegro MicroSystems, Inc. (ALGM) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

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Top Stock Picks for Week of March 20, 2023

An Interesting Computer and Technology Pick and a Top Food and Beverage Producer.

Are Computer and Technology Stocks Lagging Applied Optoelectronics (AAOI) This Year?

Here is how Applied Optoelectronics (AAOI) and Allegro MicroSystems, Inc. (ALGM) have performed compared to their sector so far this year.

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2 Overlooked Tech Stocks to Buy for Growth

Allegro MicroSystems and Asure Software's top and bottom-line growth remain very extractive as both companies have continued to expand over the last few years.

Is Applied Optoelectronics (AAOI) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Applied Optoelectronics (AAOI) and Allegro MicroSystems, Inc. (ALGM) have performed compared to their sector so far this year.

Allegro MicroSystems, Inc. (ALGM) Crossed Above the 20-Day Moving Average: What That Means for Investors

Good things could be on the horizon when a stock surpasses the 20-day simple moving average. How should investors react?

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

Here is how Allegro MicroSystems, Inc. (ALGM) and ASE Technology Hldg (ASX) have performed compared to their sector so far this year.

Allegro MicroSystems, Inc. (ALGM) Is Up 17.43% in One Week: What You Should Know

Does Allegro MicroSystems, Inc. (ALGM) have what it takes to be a top stock pick for momentum investors? Let's find out.

Silicon Motion (SIMO) Q4 Earnings & Revenues Miss Estimates

Silicon Motion's (SIMO) fourth-quarter results fell short of estimates as a result of ongoing supply chain challenges, weak demand, difficult macroeconomic climate, and an unstable geopolitical condition.

Surging Earnings Estimates Signal Upside for Allegro MicroSystems, Inc. (ALGM) Stock

Allegro MicroSystems, Inc. (ALGM) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.

Best Momentum Stock to Buy for February 3rd

AEHR, ALGM and ARLP made it to the Zacks Rank #1 (Strong Buy) momentum stocks list on February 3, 2023.

New Strong Buy Stocks for February 3rd

DASTY, BFIN, CSWC, ALGM and JD have been added to the Zacks Rank #1 (Strong Buy) List on February 3, 2022.

Allegro MicroSystems, Inc. (ALGM) Q3 Earnings and Revenues Top Estimates

Allegro MicroSystems, Inc. (ALGM) delivered earnings and revenue surprises of 9.38% and 1.46%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?

Zacks Investment Ideas feature highlights: Allegro MicroSystems, Super Micro Computer and Intel

Allegro MicroSystems, Super Micro Computer and Intel have been highlighted in this Investment Ideas article.

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2 Tech Stocks to Consider Buying Before Earnings

Going into their earnings reports next week, both Allegro MicroSystems and Super Micro Computer stock look poised to continue giving investors the expansive growth they look for out of the technology sector.

Allegro MicroSystems, Inc. (ALGM) Surges 6.4%: Is This an Indication of Further Gains?

Allegro MicroSystems, Inc. (ALGM) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Is Allegro MicroSystems (ALGM) Stock Outpacing Its Computer and Technology Peers This Year?

Here is how Allegro MicroSystems, Inc. (ALGM) and Amer Movil (AMX) have performed compared to their sector so far this year.

Cirrus Logic, Inc. (CRUS) Hit a 52 Week High, Can the Run Continue?

Cirrus Logic (CRUS) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.

Are Computer and Technology Stocks Lagging Allegro MicroSystems (ALGM) This Year?

Here is how Allegro MicroSystems, Inc. (ALGM) and Amer Movil (AMX) have performed compared to their sector so far this year.

Allegro MicroSystems, Inc. (ALGM) Gains As Market Dips: What You Should Know

Allegro MicroSystems, Inc. (ALGM) closed at $30.02 in the latest trading session, marking a +0.13% move from the prior day.

Allegro MicroSystems, Inc. (ALGM) Dips More Than Broader Markets: What You Should Know

Allegro MicroSystems, Inc. (ALGM) closed at $29.86 in the latest trading session, marking a -1.26% move from the prior day.