SiTime stock had its Relative Strength (RS) Rating upgraded from 76 to 82 Wednesday.
When you're researching the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an 80 or higher RS Rating as they launch their biggest price moves.
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Is SiTime Stock A Buy?
SiTime stock is trying to complete a consolidation with a 141.99 entry. See if the chipmaker stock can break out in volume at least 40% higher than normal. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
While sales growth fell last quarter from -45% to -65%, EPS grew 0%, up from -90% in the previous report. The next quarterly results are expected on or around Nov. 1.
SiTime stock earns the No. 9 rank among its peers in the Electronics-Semiconductor Fabless industry group. Rambus and Lattice Semiconductor are also among the group's highest-rated stocks. For more industry news, check out "Chip Stocks To Watch And Semiconductor Industry News."