Will Affymetrix, Inc. (AFFX) Continue to Surge Higher? - Tale of the Tape
January 10 2014 - 7:51AM
Zacks
As
of late, it has definitely been a great time to be an investor in
Affymetrix, Inc.
(AFFX).
The stock has moved higher by 9.4% in the past
month, while it is also above its 20 Day SMA too. This combination
of strong price performance and favorable technical, could suggest
that the stock may be on the right path.
We certainly think that this might be the case, particularly if you
consider AFFX’s recent earnings estimate revision
activity. From this look, the company’s future is quite favorable;
as AFFX has earned itself a Zacks Rank #1
(Strong Buy), meaning that its recent run may continue for
a bit longer, and that this isn’t the top for the in-focus
company.
AFFYMETRIX INC (AFFX): Free Stock Analysis Report
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