Freescale Semiconductor (FSL) Jumps: Stock Rises 6.7% - Tale of the Tape

Freescale Semiconductor, Ltd. (FSL) was a big mover last session, as the company saw its shares rise nearly 7% 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 for the company from Dec 12 as the stock is now up nearly 11%.

The company has seen no estimate revision over the past 30 days and the Zacks Consensus Estimate has not been in a trend either. Yesterday’s price jump is encouraging though, so make sure to keep a close watch on this firm in the near future.

Freescale Semiconductor currently has a Zacks Rank #3 (Hold) while its Earnings ESP is 0.00%.

However, some better-ranked stocks in the semiconductor - broad line industry include Mindspeed Technologies Inc. (MSPD), Pericom Semiconductor Corp. (PSEM) and O2Micro International Ltd. (OIIM). While Mindspeed Technologies and Pericom Semiconductor carry a Zacks Rank #1 (Strong Buy), O2Micro International has a Zacks Rank #2 (Buy).

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