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Relatively Good Performance Detected in Shares of Macom Technology in the Semiconductors Industry (MTSI , OLED , IPHI , TXN , MCHP )

By James Quinn

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:

Macom Technology (NASDAQ:MTSI ) ranks first with a gain of 5.30%; Universal Displa (NASDAQ:OLED ) ranks second with a gain of 5.11%; and Inphi Corp (NYSE:IPHI ) ranks third with a gain of 3.65%.

Texas Instrument (NASDAQ:TXN ) follows with a gain of 3.65% and Microchip Tech (NASDAQ:MCHP ) rounds out the top five with a gain of 2.47%.

SmarTrend recommended that subscribers consider buying shares of Macom Technology on May 2nd, 2018 as our technology indicated a new Uptrend was in progress when shares hit $21.16. Since that recommendation, shares of Macom Technology have risen 14.2%. We continue to monitor Macom Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance macom technology universal displa inphi corp texas instrument microchip tech