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Lam Research is Among the Companies in the Semiconductor Equipment Industry with the Best Relative Performance (LRCX , KLAC , AMAT , AMKR , PLAB )

By James Quinn

We looked at the Semiconductor 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.

Lam Research (NASDAQ:LRCX ) ranks first with a gain of 0.86%; Kla-Tencor Corp (NASDAQ:KLAC ) ranks second with a gain of 0.74%; and Applied Material (NASDAQ:AMAT ) ranks third with a gain of 0.73%.

Amkor Tech Inc (NASDAQ:AMKR ) follows with a gain of 0.46% and Photronics Inc (NASDAQ:PLAB ) rounds out the top five with a gain of 0.27%.

SmarTrend recommended that subscribers consider buying shares of Photronics Inc on July 22nd, 2019 as our technology indicated a new Uptrend was in progress when shares hit $8.97. Since that recommendation, shares of Photronics Inc have risen 67.9%. We continue to monitor Photronics Inc for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance lam research kla-tencor corp applied material amkor tech inc photronics inc