Spreadtrum Communications, Inc (ADR)’s (SPRD) MACD indicator has entered into bullish territory with a reading of 0.3289. The Zacks #1 Rank (“Strong Buy”) stock increased more than 1% to $16.33 in morning trade. The Zacks Consensus Estimate for the year ending December 2011 has increased by 31 cents over the past month to $2.39 per share.

 
Zacks Investment Research