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Relatively Good Performance Detected in Shares of Maxlinear in the Semiconductors Industry (MXL , RMBS , ON , SYNA , MTSI )

By Nick Russo

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:

Maxlinear (NYSE:MXL ) ranks first with a gain of 4.55%; Rambus Inc (NASDAQ:RMBS ) ranks second with a gain of 4.07%; and On Semiconductor (NASDAQ:ON ) ranks third with a gain of 4.01%.

Synaptics Inc (NASDAQ:SYNA ) follows with a gain of 2.88% and Macom Technology (NASDAQ:MTSI ) rounds out the top five with a gain of 1.88%.

SmarTrend recommended that subscribers consider buying shares of Macom Technology on July 17th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $17.06. Since that recommendation, shares of Macom Technology have risen 27.7%. We continue to monitor Macom Technology for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance maxlinear rambus inc ON Semiconductor synaptics inc macom technology