Last week, US semiconductor stocks sold off on worries of a potential trade war between the US and China. LRCX (-5.67%), MU (-7.99%), and AMAT (-6.07%) were 3 of the 4 worst performing stocks in the S&P 500 on Friday. Momentum, as measured by the 14-day RSI, suggests these 3 stocks are getting close to oversold territory. After the recent sell-off, do these stocks now present an attractive entry point for long-term investors?
Submitted March 26, 2018 at 10:31AM by QuantalyticsResearch https://ift.tt/2pEkIsW
