Surging Earnings Estimates Signal Upside for Amkor Technology (AMKR) Stock
AMKRAmkor Technology(AMKR) Zacks Investment Research·2024-05-16 01:21

Investors might want to bet on Amkor Technology (AMKR) , as earnings estimates for this company have been showing solid improvement lately. The stock has already gained solid short-term price momentum, and this trend might continue with its still improving earnings outlook. The rising trend in estimate revisions, which is a result of growing analyst optimism on the earnings prospects of this chip packaging and test services provider, should get reflected in its stock price. After all, empirical research sho ...