On Thursday, Cohu earned an upgrade to its Relative Strength (RS) Rating, from 62 to 73.
How To Invest In Stocks In Both Bull And Bear Markets
IBD's proprietary rating tracks price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price movement over the trailing 52 weeks stacks up against all the other stocks in our database.
History shows that the top-performing stocks often have an 80 or better RS Rating as they launch their largest climbs. See if Cohu can continue to rebound and clear that threshold.
While now is not an ideal time to buy shares, see if the stock manages to establish and enter a buying range in heavy volume.
Cohu reported 0% EPS growth in the latest quarterly report. Revenue increased 3%. The next quarterly numbers are expected on or around Oct. 30.
The company earns the No. 23 rank among its peers in the Electronics-Semiconductor Equipment industry group. Lam Research, Advanced Energy Inds and Nova are among the top 5 highly rated stocks within the group.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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