On Wednesday, NXP Semiconductors received an upgrade to its Relative Strength (RS) Rating, from 63 to 75.
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This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the last 52 weeks holds up against all the other stocks in our database.
History shows that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if NXP Semiconductors can continue to rebound and hit that benchmark.
While NXP Semiconductors is not near a proper buy point right now, see if it goes on to form and break out of a proper consolidation.
The company posted negative growth for both the top and bottom lines last quarter. NXP Semiconductors is expected to release its next quarterly numbers on or around Jul. 21.
The company earns the No. 7 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. MACOM Tech Solutions, Taiwan Semiconductor ADR and Analog Devices 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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