9.66%QQQQ 30.60 8.96%XLF 15.45 10.85%
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NEW YORK - Shares of circuit-board maker TTM Technologies Inc. rose Friday after the company said its fourth-quarter profit rose in line with Wall Street expectations.
| TTMI | 8.38 |  -0.49 |
Longbow Research analyst Shawn Harrison said the company had volume growth and an improved product mix.
He continued to rate the shares as a "Buy" and said they have been oversold.
Thomas Weisel Partners analyst Matthew Sheerin said the company had a solid fourth quarter, with profit and sales roughly in line with market expectations.
TTM makes printed circuit boards for industrial, computer networking, medical electronics and other sectors.
Its shares rose 78 cents or 7.9 percent to $10.55 in afternoon trading. Shares have traded in the past year between $7.83 and $14.61.
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