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Best Relative Performance in the Semiconductors Industry Detected in Shares of Cree Inc (CREE , SMTC , QRVO , CRUS , MXL )

By Amy Schwartz

Here are the top 5 stocks in the Semiconductors industry ranked by performance. We compiled the trading activity from yesterday and then analyzed the industry looking for stocks that were outperforming. This is what we found:

Cree Inc (NASDAQ:CREE ) ranks first with a gain of 3.99%; Semtech Corp (NASDAQ:SMTC ) ranks second with a gain of 2.07%; and Qorvo Inc (NASDAQ:QRVO ) ranks third with a gain of 2.01%.

Cirrus Logic Inc (NASDAQ:CRUS ) follows with a gain of 1.55% and Maxlinear (NYSE:MXL ) rounds out the top five with a gain of 1.34%.

SmarTrend is monitoring the recent change of momentum in Maxlinear. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Maxlinear in search of a potential trend change.

Keywords: relative performance cree inc semtech corp qorvo inc cirrus logic inc maxlinear