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Best Relative Performance in the Semiconductors Industry Detected in Shares of Xilinx Inc (XLNX , MXIM , ON , SWKS , MCHP )

By Shiri Gupta

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:

Xilinx Inc (NASDAQ:XLNX ) ranks first trading unchanged; Maxim Integrated (NASDAQ:MXIM ) ranks second trading unchanged; and On Semiconductor (NASDAQ:ON ) ranks third trading unchanged.

Skyworks Solutio (NASDAQ:SWKS ) follows trading unchanged and Microchip Tech (NASDAQ:MCHP ) rounds out the top five trading unchanged.

SmarTrend recommended that its subscribers protect gains by selling shares of Maxim Integrated on July 31st, 2019 by issuing a Downtrend alert when the shares were trading at $61.05. Since that call, shares of Maxim Integrated have fallen 11.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance xilinx inc maxim integrated ON Semiconductor skyworks solutio microchip tech