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Shares of Maxlinear Rank the Highest in Terms of Relative Performance in the Semiconductors Industry (MXL , ON , XLNX , DIOD , CRUS )

By Amy Schwartz

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.

Maxlinear (NYSE:MXL ) ranks first with a gain of 5.24%; On Semiconductor (NASDAQ:ON ) ranks second with a gain of 3.82%; and Xilinx Inc (NASDAQ:XLNX ) ranks third with a gain of 3.67%.

Diodes Inc (NASDAQ:DIOD ) follows with a gain of 3.45% and Cirrus Logic Inc (NASDAQ:CRUS ) rounds out the top five with a gain of 3.39%.

SmarTrend recommended that subscribers consider buying shares of Cirrus Logic Inc on June 7th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $40.51. Since that recommendation, shares of Cirrus Logic Inc have risen 38.5%. We continue to monitor Cirrus Logic Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance maxlinear ON Semiconductor xilinx inc diodes inc cirrus logic inc