When building your watch list, look for stocks with an 80 or higher RS Rating. Silicon Laboratories just cleared that benchmark with an upgrade from 71 to 81.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily measures share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners typically have an RS Rating of above 80 as they launch their biggest price moves.
Silicon Laboratories is trying to complete a cup without handle with a 160.00 buy point. See if it can break out in heavy trading.
The company showed 0% earnings growth in its most recent report, while sales growth came in at 67%.
Silicon Laboratories earns the No. 9 rank among its peers in the Electronics-Semiconductor Fabless industry group. Broadcom, Monolithic Power Systems and NVIDIA 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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