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Cypress Semicon has the Best Relative Performance in the Semiconductors Industry (CY , SWKS , MCHP , MXIM , INTC )

By Nick Russo

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.

Cypress Semicon (NASDAQ:CY ) ranks first with a gain of 0.26%; Skyworks Solutio (NASDAQ:SWKS ) ranks second with a gain of 0.06%; and Microchip Tech (NASDAQ:MCHP ) ranks third with a loss of 0.35%.

Maxim Integrated (NASDAQ:MXIM ) follows with a loss of 0.37% and Intel Corp (NASDAQ:INTC ) rounds out the top five with a loss of 0.67%.

SmarTrend recommended that subscribers consider buying shares of Cypress Semicon on May 31st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $16.81. Since that recommendation, shares of Cypress Semicon have risen 39.5%. We continue to monitor Cypress Semicon for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance cypress semicon skyworks solutio microchip tech maxim integrated intel corp