Investors certainly have to be happy with LTX-Credence Corp (NASDAQ: LTXC) and its short term performance. After all, the stock has jumped by 16.7% in the past 4 weeks, and it is also above its 20 Day Simple Moving Average as well. This is certainly a good trend, but investors are probably asking themselves, can this positive trend continue for LTXC?
While we can never know for sure, it is pretty encouraging that estimates for LTXC have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #2 (Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks.
While we can never know for sure, it is pretty encouraging that estimates for LTXC have moved higher in the past few weeks, meaning that analyst sentiment is moving in the right way. Plus, the stock actually has a Zacks Rank #2 (Buy), so the recent move higher for this spotlighted company may definitely continue over the next few weeks.
ENTER TO WIN $500 IN STOCK OR CRYPTO
Enter your email and you'll also get Benzinga's ultimate morning update AND a free $30 gift card and more!
To read this article on Zacks.com click here.
Zacks Investment Research