This week's pick is a semiconductor company that has put up better than expected quarterly numbers and, as it chips away at a major competitor's market share, it is expected to continue its upward trend in the weeks and months ahead!
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Each and every week, our friend Harris Shapiro of the Focused Stock Trader shares one stock with us that he may recommend to his subscribers. Thankfully, we're allowed to share this pick with people who request INO.com's Stock of the Week.
Hint: Today's pick is a stock that has been talked about since it went public last year. While shares were snatched up quickly, the stock then went into a lull. Recently, the stock has been showing significant signs of a turnaround, with shares accelerating 18% last week alone on a series of positive analyst comments. They have a few big opportunities on the horizon and Harris thinks that this stock may see big moves as a result.