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Best Relative Performance in the Semiconductors Industry Detected in Shares of Broadcom Ltd (AVGO , INTC , SWKS , ADI , MU )

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.

Broadcom Ltd (NASDAQ:AVGO ) ranks first with a gain of 1.15%; Intel Corp (NASDAQ:INTC ) ranks second with a gain of 0.55%; and Skyworks Solutio (NASDAQ:SWKS ) ranks third with a gain of 0.39%.

Analog Devices (NASDAQ:ADI ) follows with a gain of 0.18% and Micron Tech (NASDAQ:MU ) rounds out the top five with a loss of 0.04%.

SmarTrend is tracking the current trend status for Broadcom Ltd and will alert subscribers who have AVGO in their portfolio or watchlist when shares have changed trend direction.

Keywords: relative performance broadcom ltd intel corp skyworks solutio Analog Devices micron tech