Earnings Estimates Moving Higher for Amkor Technology (AMKR): Time to Buy?

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 upward trend in estimate revisions for this chip packaging and test services provider reflects growing optimism of analysts on its earnings prospects, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. Our stock rating tool — the Zacks Rank —

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Announcing the TIME NEXT Team

TIME Chief Technology Officer Bharat Krish sent the following note to staff Friday:

Dear TIME team,

I have had the pleasure of working with an amazing team these past few weeks and I would like to thank them for their hard work, dedication, and ingenuity in building the technology foundation for TIME. Our next chapter is to now build the future of media and media technology here at TIME. As we embark on this exciting journey together, our aim is to provide maximum value internally as well as to our customers through building innovative digital products and offerings.

So it

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