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Stocks Generating Improved Relative Strength: Cohu

On Monday, Cohu (COHU) got an upgrade to its Relative Strength (RS) Rating, from 67 to 71.




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When looking for the best stocks to buy and watch, one factor to watch closely is relative price strength.

IBD’s unique rating tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

History shows that the stocks that go on to make the biggest gains typically have an 80 or higher RS Rating as they launch their biggest runs. See if Cohu can continue to rebound and clear that threshold.


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Cohu is now considered extended and out of buy range after clearing a 20.18 buy point in a first-stage consolidation. See if the stock forms a new chart pattern or follow-on buying opportunity like a three-weeks tight or pullback to the 50-day or 10-week line.

While EPS growth declined in the company’s most recently reported quarter from 8,800% to 424%, the top line rose 70%, up from 62% in the previous report.

Cohu earns the No. 13 rank among its peers in the Electronics-Semiconductor Equipment industry group. Entegris (ENTG) and KLA Tencor (KLAC) are also among the group’s highest-rated stocks.

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