The Chart of the Day belongs to Vishay Technology (VSH). I found the electronic component stock by using Barchart to sort today's 52 Week High list by the highest number of new highs in the last month, then used the Flipchart feature to review the charts for consistent price appreciation. Since the Trend Spotter signaled a buy in 9/11 the stock gained 19.55%.
Vishay Intertechnology, Inc. is a global manufacturer and supplier of discrete semiconductors and passive components. The Company operates through five product segments: MOSFETs, Diodes, Optoelectronic Components, Resistors & Inductors and Capacitors. MOSFETs segment offers low-voltage TrenchFET MOSFETs and high-voltage MOSFETs. Diodes segment's products include rectifiers, small signal diodes, protection diodes, thyristors/silicon-controlled rectifiers (SCRs) and power modules. Optoelectronic Components segment includes infrared (IR) emitters and detectors, IR remote control receivers, optocouplers, solid-state relays, optical sensors, light-emitting diodes (LEDs), 7-segment displays and IR data transceiver modules (IrDA). Resistors and Inductors segment manufactures various types of fixed resistors, both in discrete and network forms, as well as various variable types. Capacitors segment manufactures products based on capacitor technologies.
Barchart technical indicators:
- 59.57+ Weighted Alpha
- 96% technical buy signals
- Trend Spotter buy signals
- Above its 20, 50 and 100 day moving averages
- 19 new highs and up 18.13% in the last month
- Relative Strength Index 76.01%
- Technical support level at 21.48
- Recently traded at 21.52 with a 50 day moving average of 18.80
Fundamental factors:
- Market Cap $3.18 billion
- P/E 20.00
- Dividend yield 1.17%
- Revenue expected to grow 10.20% this year and another 3.10% next year
- Earnings estimated to increase 58.80% this year, an additional 3.00% next year and continue to compound at an annual rate of 20.60% for the next 5 years
- Wall Street analysts issued 1 strong buy, 3 hold, 1 under perform and a sell recommendation on the stock
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