SMO Exclusive: Stocks Detail Report Electronics Industry 2024-06-27
Chips/semis fans, this 6/27/24 report is for you. Ranked based on current strength: 122 stocks in 8 sub-industries. You won’t find this anywhere else, because I created it from scratch. Sincere questions: would you rather own a strong stock in a strengthening sub-industry or a weak stock in a weakening sub-industry? And, how do you discern this?
I know my own answer to the first question. (I’m a strength stacker.)
See below/attached for a unique answer to the second.
HOW TO READ THE ATTACHED
(It tells you where you can find strong stocks in strengthening sub-industries)
Page 2.0 = guide, tells you what is where on the pages in this section
Page 2.1 = see top portion A, note all 8 sub-industries are clustered at 4Strong and 5Average
- Strongest sub-industries at 4Strong:
Diversified Electronics
Circuit Boards
Semiconductor - Broad Line
Semiconductor Equipment & Materials - Weakest sub-industries at 5Average:
Scientific & Technical Instruments
Semiconductor - Integrated Circuits
Semiconductor - Memory Chips (which strengthened from 6Weak to 5Average)
Semiconductor - Specialized (also strengthened from 6Weak to 5Average)
Page 2.7 = see bottom portion C
Semiconductor - Specialized detail (the home of NVDA)
- Strongest rated stocks at 1Strongest:
AOSL/Alpha & Omega Semicond Ltd
CRUS/Cirrus Logic Inc
UCTT/Ultra Clean Holdings
MPWR/Monolithic Power Systems
FSLR/First Solar Inc
NVDA/NVIDIA Corporation - Weakest rated stocks at 9Weakest:
MAXN/Maxeon Solar Technologies Ltd
NVEC/NVE Corp
CEVA/Ceva Inc
MX/MagnaChip Semiconductor Corp
LSCC/Lattice Semiconductor
Pages 3.0 (stocks at >75% of 5-year Highs/Lows) and 3.2 (stocks at <25% of 5-year Highs/Lows)
Can you consistently discern tops and bottoms of stocks that “The Market” loves and hates, respectively? In other words, are you really smarter than everyone else? (Not saying you aren’t, but I know I’m not.)
You won’t find what you aren’t looking for.
This report offers unique, logical, and actionable insights from using conventional tools in unconventional ways.
It may resonate with you if you subscribe to the following:
- The stock market does not have to be so complicated.
- “What” matters, not “why.”
- Market conditions matter.
- The 100%+ rally begins with a 10% rally.
- The multi-month rally begins with one up week. (Also applies to declines.)
- The stronger your stocks, the greener your P&L.
1. Introduction/Industry Components
2. 1-Week Strengthening
3. % of 5-Year Highs/Lows Rankings
