Bob, I was just "running through" the 29 stocks in the Group tonight and I noticed how well COHU has done over the past 7 days relative to the rest of the stocks in the Group.
Actually, there are 2 periods to look at. The first is the overall period from the close on 4/17 to the close on Friday, 4/26(7 trading days).
COHU closed at 29.15 on 4/17, and closed at 27.78 on Friday, a loss of 4.7 percent. Not bad considering most of the Group was down 10 to 20 percent.
Also, its apparent the market liked the earnings report by COHU on Wednesday, 4/24, after the close. COHU closed the day at 27.19. While the close on Friday was a few pennies lower than the close on Thursday, range of prices on Friday was a nice "up" from Thursday. With the close at 27.78 on Friday, the gain for the last 2 days of the week was 2.2 percent.
Three other stocks, NANO, PHTN, and SFAM were up "pennies" for those 2 days, but COHU finished way ahead in terms of a percentage gain.
With that performance, COHU looks like it should be a "winner" this coming week.
Don |
