Teradyne Rises On Unusually High Volume (TER)

NEW YORK ( TheStreet) -- Teradyne (NYSE: TER) is trading at unusually high volume Wednesday with 5.1 million shares changing hands. It is currently at two times its average daily volume and trading up 88 cents (+5%) at $18.36 as of 4 p.m. ET.

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Teradyne has a market cap of $3.33 billion and is part of the technology sector and electronics industry. Shares are up 3.4% year to date as of the close of trading on Tuesday.

Teradyne, Inc. provides automatic test equipment worldwide. The company operates in three segments: Semiconductor Test, Systems Test Group, and Wireless Test.

TheStreet Ratings rates Teradyne as a buy. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. You can view the full Teradyne Ratings Report.

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