The market is taking a breather right now, but here’s a look at three highly rated chip stocks making notable moves in the stock market today: Macom Technology (MTSI) and Apple (AAPL) suppliers Arm Holdings (ARMH) and Skyworks Solutions (SWKS). Arm Holdings gapped up in big volume, retaking its 50-day line. Shares are currently trading about 2% below a 54.92 buy point from a flat base. Fellow Apple supplier Skyworks Solutions hit a new all-time
Three notable tech stocks are on the move Monday: GoPro (GPRO), iKang Healthcare Group (KANG) and Macom Technology (MTSI). GoPro shares had gained 7% in quick turnover by the afternoon on the stock market today. The action camera maker is making its second attempt at retaking the 200-day line. The stock is still trading about 40% below its all-time high of 98.47 reached on Oct. 7. GoPro on Monday announced a new entry-level camera to its lineup.
The IBD 50 is a list of leading stocks based on key measures such as earnings and sales growth, profit margins, return on equity and relative price performance over the past 12 months. Two IBD 50 tech stocks cleared buy points in the stock market today: Macom Technology (MTSI) and Epam Systems (EPAM). Macom shares climbed in slightly above average volume to hit a new high of 40.20. Macom cleared a 39.62 flat base buy point intraday, but fell back