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Veeco Instrument is Among the Companies in the Semiconductor Equipment Industry with the Best Relative Performance (VECO , UCTT , COHU , AMAT , MKSI )

By Nick Russo

Here are the top 5 stocks in the Semiconductor Equipment 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:

Veeco Instrument (NASDAQ:VECO ) ranks first with a gain of 6.40%; Ultra Clean Hold (NASDAQ:UCTT ) ranks second with a gain of 5.95%; and Cohu Inc (NASDAQ:COHU ) ranks third with a gain of 3.10%.

Applied Material (NASDAQ:AMAT ) follows with a gain of 2.73% and Mks Instruments (NASDAQ:MKSI ) rounds out the top five with a gain of 2.63%.

SmarTrend recommended that its subscribers protect gains by selling shares of Veeco Instrument on May 23rd, 2019 by issuing a Downtrend alert when the shares were trading at $11.40. Since that call, shares of Veeco Instrument have fallen 9.5%. We are now looking for when a new Uptrend will commence and will alert SmarTrend subscribers in real time.

Keywords: relative performance veeco instrument ultra clean hold cohu inc applied material mks instruments