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Shares of Microchip Tech Rank the Highest in Terms of Relative Performance in the Semiconductors Industry (MCHP , OLED , MPWR , AVGO , CRUS )

By Shiri Gupta

Below are the top five companies in the Semiconductors industry as measured by relative performance. This analysis was compiled based on yesterday's trading activity as we search for stocks that have the potential to outperform.

Microchip Tech (NASDAQ:MCHP ) ranks first with a gain of 5.90%; Universal Displa (NASDAQ:OLED ) ranks second with a gain of 3.20%; and Monolithic Power (NASDAQ:MPWR ) ranks third with a gain of 2.80%.

Broadcom Ltd (NASDAQ:AVGO ) follows with a gain of 2.50% and Cirrus Logic Inc (NASDAQ:CRUS ) rounds out the top five with a gain of 2.22%.

SmarTrend is monitoring the recent change of momentum in Cirrus Logic Inc. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Cirrus Logic Inc in search of a potential trend change.

Keywords: relative performance microchip tech universal displa monolithic power broadcom ltd cirrus logic inc