Published on 23 Apr 2024 on Zacks via Yahoo Finance
Investors Heavily Search Semtech Corporation (SMTC): Here is What You Need to Know
Semtech (SMTC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock.
Shares of this chipmaker have returned +44% over the past month versus the Zacks S&P 500 composite's -4.2% change. The Zacks Semiconductor - Analog and Mixed industry, to which Semtech belongs, has lost 7.6% over this period. Now the key question is: Where could the stock be headed in the near term?