Lattice Semiconductor had its Relative Strength (RS) Rating upgraded from 78 to 81 Thursday.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 as they launch their biggest climbs.
Lattice Semiconductor is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could kick off a new climb.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 4%, compared to -24% in the prior report. Revenue increased from -15% to 0%.
Lattice Semiconductor earns the No. 16 rank among its peers in the Electronics-Semiconductor Fabless industry group. Astera Labs, Broadcom and Credo Tech Group 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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