U.S.-listed semiconductor stocks continue to outperform, gaining more than 56 per cent year-to-date and 20 per cent in one month alone, making it the best-performing sector in U.S. markets. The sector has seen a slight pull-back over the past few days, declining by a little more than 6 per cent, which may present an opportunity to enter a sector that has been trending higher with few down days over the past month.
To ensure we focus on firms that are trending higher, we screened for stocks that are trading within 15 per cent of their 52-week high. We added one valuation metric that may be of interest to value investors: the company’s earnings-per-share growth must be at least 15 per cent over the past five years.
Finally, we screened for the top-rated stocks using Trading Central’s Quantamental rating method. The TC Quantamental Rating is a proprietary stock-ranking methodology developed by Trading Central which covers over 50,000 stocks worldwide. This metric ranks stocks on a scale of one to 10 with 10 being the most bullish and one being the most bearish. TC Quantamental rating uses a combination of valuation, growth, quality, price momentum and income as key metrics when ranking a company.
We have also included annual dividend yield, 52-week and year-to-date price performance for your reference.is a global leader in financial market research and investment analytics for retail online brokers and institutions. Its product suite provides actionable trading ideas based on technical and fundamental research covering stocks, exchange-traded funds, indexes, forex, options and commodities.