Chip Maker Buys Back More Shares

eWallstreeter | eWallstreeter | May 26, 2011 9:51 am

Atmel Corp. (ATML – Analyst Report) posted a record high revenue level last quarter and estimates are on the rise. With shares holding a Zacks #1 Rank (Strong Buy) the stock is poised for a great 2011. Additionally, management is expected to update guidance in June. If they move the outlook higher shares could really take off.

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