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Best Relative Performance in the Semiconductors Industry Detected in Shares of Sunpower Corp (SPWR , NVDA , OLED , AMD , CREE )

By Amy Schwartz

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.

Sunpower Corp (NASDAQ:SPWR ) ranks first with a gain of 16.34%; Nvidia Corp (NASDAQ:NVDA ) ranks second with a gain of 5.55%; and Universal Displa (NASDAQ:OLED ) ranks third with a gain of 3.66%.

Adv Micro Device (NASDAQ:AMD ) follows with a gain of 3.61% and Cree Inc (NASDAQ:CREE ) rounds out the top five with a gain of 3.57%.

SmarTrend recommended that subscribers consider buying shares of Cree Inc on October 17th, 2018 as our technology indicated a new Uptrend was in progress when shares hit $38.41. Since that recommendation, shares of Cree Inc have risen 10.9%. We continue to monitor Cree Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance sunpower corp nvidia corp universal displa adv micro device cree inc