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Shares of Broadcom Ltd Rank the Highest in Terms of Relative Performance in the Semiconductors Industry (AVGO , NVDA , INTC , MXIM , MCHP )

By David Diaz

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 5.58%; Nvidia Corp (NASDAQ:NVDA ) ranks second with a gain of 5.11%; and Intel Corp (NASDAQ:INTC ) ranks third with a gain of 4.90%.

Maxim Integrated (NASDAQ:MXIM ) follows with a gain of 3.78% and Microchip Tech (NASDAQ:MCHP ) rounds out the top five with a gain of 3.49%.

SmarTrend is monitoring the recent change of momentum in Broadcom Ltd. Please refer to our Company Overview for the results of our proprietary technical indicators that have been scanning shares of Broadcom Ltd in search of a potential trend change.

Keywords: relative performance broadcom ltd nvidia corp intel corp maxim integrated microchip tech