Silicon Laboratories saw a positive improvement to its Relative Strength (RS) Rating on Friday, rising from 67 to 74.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating of above 80 in the early stages of their moves. See if Silicon Laboratories can continue to show renewed price strength and hit that benchmark.
Silicon Laboratories is trying to complete a consolidation with a 153.71 entry. See if the stock can clear the breakout price in heavy trading.
Silicon Laboratories showed 0% earnings growth last quarter, while sales growth came in at 33%.
The company earns the No. 13 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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