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Shares of Applied Material Rank the Highest in Terms of Relative Performance in the Semiconductor Equipment Industry (AMAT , LRCX , ENTG , AEIS , FORM )

By David Diaz

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.

Applied Material (NASDAQ:AMAT ) ranks first with a gain of 8.95%; Lam Research (NASDAQ:LRCX ) ranks second with a gain of 3.12%; and Entegris Inc (NASDAQ:ENTG ) ranks third with a gain of 3.12%.

Adv Energy Inds (NASDAQ:AEIS ) follows with a gain of 2.64% and Formfactor Inc (NASDAQ:FORM ) rounds out the top five with a gain of 2.25%.

SmarTrend recommended that subscribers consider buying shares of Lam Research on October 11th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $238.45. Since that recommendation, shares of Lam Research have risen 19.0%. We continue to monitor Lam Research for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

Keywords: relative performance applied material lam research entegris inc adv energy inds formfactor inc