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Applied Material is Among the Companies in the Semiconductor Equipment Industry with the Best Relative Performance (AMAT , LRCX , KLAC , AMKR , ENTG )

By Nick Russo

We looked at the Semiconductor Equipment industry and measured relative performance to find the top stocks. Relative outperformance is a bullish sign of underlying fundamental and technical strength. We look at yesterday's price action of all companies in this peer group.

Applied Material (NASDAQ:AMAT ) ranks first with a gain of 3.33%; Lam Research (NASDAQ:LRCX ) ranks second with a gain of 2.36%; and Kla-Tencor Corp (NASDAQ:KLAC ) ranks third with a gain of 1.96%.

Amkor Tech Inc (NASDAQ:AMKR ) follows with a gain of 1.05% and Entegris Inc (NASDAQ:ENTG ) rounds out the top five with a gain of 0.94%.

SmarTrend recommended that subscribers consider buying shares of Amkor Tech Inc on June 11th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $7.43. Since that recommendation, shares of Amkor Tech Inc have risen 28.8%. We continue to monitor Amkor Tech Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance applied material lam research kla-tencor corp amkor tech inc entegris inc