Veeco Enters Oversold Territory - Tale of the Tape

Veeco Instruments Inc. ’s (VECO) share price has entered into oversold territory with a stochastic value of 15.06. The Zacks Consensus Estimate on the company’s earnings for the year ending December 2010 jumped 91 cents over the past month to $4.21 per share. Veeco Instruments Inc. is a Zacks #1 Rank (“Strong Buy”) company.
 
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