SunEdison, Inc. (SUNE) in Focus: Stock Rises 7.7%

SunEdison, Inc. (SUNE) was a big mover last session, as the company saw its shares rise nearly 8% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This continues the recent uptrend of the company as the stock is now up 25.17% since Oct 13.

None of the estimates for this stock were revised in the past 30 days. The Zacks Consensus Estimate also 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.

SunEdison sports a Zacks Rank #1 (Strong Buy), while its Earnings ESP is 0.00%.

Investors interested in the semiconductor- integrated circuits industry may also consider stocks like Ambarella, Inc. (AMBA), Avago Technologies Limited (AVGO) and Rambus Inc. (RMBS) , all carrying the same rank as SunEdison.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

SUNEDISON INC (SUNE): Free Stock Analysis Report

AMBARELLA INC (AMBA): Free Stock Analysis Report

AVAGO TECHNOLOG (AVGO): Free Stock Analysis Report

RAMBUS INC (RMBS): Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

— Zacks Investment Research

You May Also Like

About the Author: Zacks Investment Research