A single chip stock makes the grade for Sector Leaders: MaxLinear (MXL). But several other stocks in the sector show good fundamental and technical traits that are worth keeping an eye on.
The chip sector is ranked No. 12 out of 33 sectors.
MaxLinear has risen the past two years in a choppy fashion, not unlike other stocks in this market. It makes a quick advance, then retraces it before advancing again. That’s made it a difficult stock to trade.