MACOM Tech Solutions saw an improvement in its IBD SmartSelect Composite Rating Monday, from 94 to 96.
The new score tells you the company is now outperforming 96% of all stocks in terms of the most important fundamental and technical stock-picking criteria.
MACOM Tech Solutions is not currently near a proper entry. See if the stock goes on to form a new chart pattern and offer a new buying opportunity.
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The stock earns a 95 EPS Rating, meaning its recent quarterly and longer-term annual earnings growth is outpacing 95% of all stocks.
Its Accumulation/Distribution Rating of B shows moderate buying by institutional investors over the last 13 weeks.
The company posted a 30% rise in earnings for Q4. It has now posted accelerating EPS growth for three consecutive quarters. Revenue growth increased 33%, up from 28% in the prior quarter. That marks four consecutive reports with rising growth. The company's next quarterly report is expected on or around Feb. 6.
MACOM Tech Solutions holds the No. 1 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. Taiwan Semiconductor ADR and Tower Semiconductor are also among the group's highest-rated stocks.
