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Top 5 Companies in the Communications Equipment Industry with the Best Relative Performance (PLT , LITE , COMM , VIAV , IDCC )

By Amy Schwartz

We looked at the Communications Equipment 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.

Plantronics Inc (NYSE:PLT ) ranks first with a gain of 7.05%; Lumentum Hol (NASDAQ:LITE ) ranks second with a gain of 6.23%; and Commscope Holdin (NASDAQ:COMM ) ranks third with a gain of 5.26%.

Viavi Solutions (NASDAQ:VIAV ) follows with a gain of 5.24% and Interdigital Inc (NASDAQ:IDCC ) rounds out the top five with a gain of 3.87%.

SmarTrend recommended that subscribers consider buying shares of Lumentum Hol on June 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $49.45. Since that recommendation, shares of Lumentum Hol have risen 15.6%. We continue to monitor Lumentum Hol for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance plantronics inc lumentum hol commscope holdin viavi solutions interdigital inc