The Relative Strength (RS) Rating for NXP Semiconductors entered a new percentile Wednesday, as it got a lift from 65 to 74.
When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.
This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the best stocks often have an 80 or better RS Rating in the early stages of their moves. See if NXP Semiconductors can continue to show renewed price strength and hit that benchmark.
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NXP Semiconductors is not currently near a potential buy zone. See if the stock goes on to build a sound pattern that could spark a new run.
Earnings growth moved up in the company's most recent report from 23% to 29%, but sales fell from 9% to 0%.
The company holds the No. 6 rank among its peers in the Electronics-Semiconductor Manufacturing industry group. Taiwan Semiconductor ADR and Microchip Technology are also among the group's highest-rated stocks.
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