On Monday, Lattice Semiconductor earned a positive adjustment to its Relative Strength (RS) Rating, from 67 to 71.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners often have an RS Rating of over 80 as they begin their biggest runs. See if Lattice Semiconductor can continue to show renewed price strength and hit that benchmark.
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While now is not an ideal time to invest, see if the stock is able to offer and clear a proper buy point.
Although earnings and sales growth came in at -55% and -34%, respectively, in the latest report, that showed improvement for both EPS and revenue.
Lattice Semiconductor earns the No. 15 rank among its peers in the Electronics-Semiconductor Fabless industry group. Broadcom, SiTime and NVIDIA are among the top 5 highly rated stocks within the group.
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