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The company has seen five positive estimate revisions in the past 30 days, while its Zacks Consensus Estimate moved higher over the same time frame, suggesting more solid trading ahead. So make sure to keep an eye on this stock going forward to see if this recent jump can turn into more strength down the road.
Cavium currently has a Zacks Rank #2 (Buy) while its Earnings ESP is 0.00%.
Some better-ranked semiconductor stocks include Applied Micro Circuits Corporation AMCC, Exar Corp. EXAR and OmniVision Technologies, Inc. OVTI. All these stocks sport a Zacks Rank #1 (Strong Buy).
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 reportAPPLD MICRO CIR AMCC: Free Stock Analysis Report
CAVIUM INC CAVM: Free Stock Analysis Report
EXAR CORP EXAR: Free Stock Analysis Report
OMNIVISION TECH OVTI: Free Stock Analysis Report
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