Internet-Of-Things Play Semtech Earns Rating Upgrade To Select Group

Internet-Of-Things Play Semtech Earns Rating Upgrade To Select Group
INVESTOR'S BUSINESS DAILY and JAMES DETAR
·2 min read

On Wednesday, the Relative Strength (RS) Rating for Semtech climbed to 81 from 78, put it in an exclusive group of top stocks to watch. The 81 RS Rating means that Semtech outperformed 81% of all stocks, regardless of industry group, over the past year. Market research shows stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.