The grades of three Semiconductor stocks are on the rise this week on Portfolio Grader. Each of these stocks is rated an “A” (“strong buy”) or “B” overall (“buy”).
This week, FSI International (NASDAQ:FSII) is making solid headway. The company’s rating improves to an A (“strong buy”) from last week’s B (“buy”) rating. FSI International is a supplier of processing equipment used at key production steps to manufacture microelectronics, including semiconductor devices and thin film heads. In Portfolio Grader’s specific subcategories of Earnings Growth, Earnings Momentum, and Sales Growth, FSII also gets A’s. For more information, get Portfolio Grader’s complete analysis of FSII stock.
Taiwan Semiconductor Manufacturing Co., Ltd. Sponsored ADR (NYSE:TSM) improves from a B to an A rating this week. Taiwan Semiconductor Manufacturing makes semiconductors based on its own or third-party proprietary integrated circuit designs. The stock price has risen 6.3% over the past month, better than the 1.7% decrease the S&P 500 has seen over the same period of time. For more information, get Portfolio Grader’s complete analysis of TSM stock.
Himax Technologies, Inc. Sponsored ADR (NASDAQ:HIMX) is seeing ratings go up from a B last week to an A this week. Himax Technologies designs and manufactures integrated circuits. For more information, get Portfolio Grader’s complete analysis of HIMX stock.
Louis Navellier’s proprietary Portfolio Grader stock ranking system assesses roughly 5,000 companies every week based on a number of fundamental and quantitative measures. Stocks are given a letter grade based on their results — with A being “strong buy,” and F being “strong sell.” Explore the tool here.