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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY and GLENN LARKIN

Lattice Semiconductor Sees Composite Rating Climb To 96

The IBD SmartSelect Composite Rating for Lattice Semiconductor rose from 94 to 96 Wednesday.

The new rating is a sign the stock is outpacing 96% of all stocks when it comes to the most important stock-picking criteria.

Lattice Semiconductor is edging closer to a $85.45 pivot from a year-long consolidation pattern. It is also showing a MarketSmith Blue Dot, signaling an RS Line new high.

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The stock has a 99 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 99% of all stocks.

Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.

In Q3, the company reported 71% earnings growth. Sales growth climbed 31%, up from 28% in the prior report. That marks one quarter of accelerating revenue increases.

Lattice Semiconductor earns the No. 1 rank among its peers in the Electronics-Semiconductor Fabless industry group. Impinj and Broadcom are also among the group's highest-rated stocks.

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