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FORM Still Has Some Nice Upside In The Short Term

|Includes:FormFactor, Inc. (FORM)

Over the last week most of the analysts following FORM have upgraded their estimates for the company, with an average lift in consensus of about 30%

- For fiscal 2012, 4 out of 5 analyst have increased their estimates, raising the consensus EPS to ($.95) from ($1.27) a week ago

- For fiscal 2013, 2 out of 4 analysts have increased their estimates, raising the consensus EPS to ($.42) vs. ($.50) a week ago

While the stock has risen 10% last week there is still some nice upside left in the stock.

Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours.

Stocks: FORM