Scalper1 News
Cavium’s (CAVM) momentum is sustainable,” said an analyst as the chipmaker’s stock rose Thursday following Q1 earnings that topped Wall Street forecasts. Cavium was up 6.5% in afternoon trading in the stock market today, above 45 and near its three-year high of 47.47 touched on March 21. Cavium ranks No. 35 in the latest IBD 50 listing of top-performing stocks over the past 12 months. Cavium stock broke out in February at a 42.51 buy point. The Scalper1 News
Scalper1 News