Cohu Sees RS Rating Rise To 74

By INVESTOR'S BUSINESS DAILY

Cohu saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 70 to 74.

As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength.

This unique rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.

Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest price moves. See if Cohu can continue to rebound and hit that benchmark.

See How IBD Helps You Make More Money In Stocks

Cohu is now considered extended and out of buy range after clearing a 20.18 buy point in a first-stage consolidation. See if the stock forms a new chart pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week moving average.

Earnings growth fell last quarter from 8,800% to 424%. But sales moved higher, from 62% to 70%.

The company holds the No. 15 rank among its peers in the Electronics-Semiconductor Equipment industry group. ASML Hldgs and KLA Tencor are also among the group's highest-rated stocks.


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