Advanced Micro, NXP are among technical selll-rated stocks, Oppenheimer says
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- Advanced Micro Devices (NASDAQ:AMD), NXP Semiconductors (NASDAQ:NXPI), Qualcomm (NASDAQ:QCOM) and Skyworks Solutions (NASDAQ:SWKS) should be sold by investors based on recent trading patterns, according to a technical analysis by financial-services firm Oppenheimer on Nov. 16.
- Semiconductors as a group were downgraded to Market Weight from a previous rating of Overweight based on recent price movements, according to Oppenheimer.