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Skyworks Solutio is Among the Companies in the Semiconductors Industry with the Best Relative Performance (SWKS , QRVO , POWI , XLNX , CREE )

By David Diaz

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:

Skyworks Solutio (NASDAQ:SWKS ) ranks first with a gain of 5.27%; Qorvo Inc (NASDAQ:QRVO ) ranks second with a gain of 4.79%; and Power Integratio (NASDAQ:POWI ) ranks third with a gain of 3.40%.

Xilinx Inc (NASDAQ:XLNX ) follows with a gain of 2.65% and Cree Inc (NASDAQ:CREE ) rounds out the top five with a gain of 1.51%.

SmarTrend recommended that its subscribers protect gains by selling shares of Xilinx Inc on July 31st, 2019 by issuing a Downtrend alert when the shares were trading at $116.33. Since that call, shares of Xilinx Inc have fallen 22.2%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance skyworks solutio qorvo inc power integratio xilinx inc cree inc