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Macom Technology is Among the Companies in the Semiconductors Industry with the Best Relative Performance (MTSI , SWKS , NPTN , RMBS , SYNA )

By Shiri Gupta

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.

Macom Technology (NASDAQ:MTSI ) ranks first with a gain of 0.18%; Skyworks Solutio (NASDAQ:SWKS ) ranks second with a loss of 0.15%; and Neophotonics Cor (NYSE:NPTN ) ranks third with a loss of 0.16%.

Rambus Inc (NASDAQ:RMBS ) follows with a loss of 0.22% and Synaptics Inc (NASDAQ:SYNA ) rounds out the top five with a loss of 0.75%.

SmarTrend recommended that subscribers consider buying shares of Neophotonics Cor on July 1st, 2019 as our technology indicated a new Uptrend was in progress when shares hit $4.78. Since that recommendation, shares of Neophotonics Cor have risen 30.1%. We continue to monitor Neophotonics Cor for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance macom technology skyworks solutio neophotonics cor rambus inc synaptics inc