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Best Relative Performance in the Semiconductors Industry Detected in Shares of Neophotonics Cor (NPTN , SPWR , IPHI , RMBS , QRVO )

By James Quinn

We looked at the Semiconductors 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.

Neophotonics Cor (NYSE:NPTN ) ranks first with a gain of 4.15%; Sunpower Corp (NASDAQ:SPWR ) ranks second with a gain of 3.05%; and Inphi Corp (NYSE:IPHI ) ranks third with a gain of 2.38%.

Rambus Inc (NASDAQ:RMBS ) follows with a gain of 1.12% and Qorvo Inc (NASDAQ:QRVO ) rounds out the top five with a gain of 0.10%.

SmarTrend recommended that subscribers consider buying shares of Inphi Corp on October 15th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $64.81. Since that recommendation, shares of Inphi Corp have risen 7.5%. We continue to monitor Inphi Corp for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance neophotonics cor sunpower corp inphi corp rambus inc qorvo inc