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CEO at Trending Stocks, a business by Stock Trend Spotter, LLC

#TrendingStockTuesday 📈 This week's Tuesday Trend is MACOM Technology (MTSI).  MACOM Technology Solutions Holdings, Inc., together with its subsidiaries, designs and manufactures analog semiconductor solutions for use in wireless and wireline applications across the radio frequency (RF), microwave, millimeter wave, and lightwave spectrum in the United States, China, Australia, Japan, Malaysia, Singapore, South Korea, Taiwan, Thailand, and internationally. The company offers a portfolio of standard and custom devices, including integrated circuits, multi-chip modules, diodes, amplifiers, switches and switch limiters, passive and active components, and subsystems. Its semiconductor products are electronic components that are incorporated in electronic systems, such as wireless base stations, high-capacity optical networks, radar, and medical systems and test and measurement applications. The company serves various markets comprising telecommunication that includes carrier infrastructure, which comprise long-haul/metro, 5G, and fiber-to-the-X/passive optical network; industrial and defense, including military and commercial radar, RF jammers, electronic countermeasures, and communication data links, as well as multi-market applications, such as industrial, medical, test and measurement, and scientific applications; and data centers. It sells its products through direct sales force, applications engineering staff, independent sales representatives, resellers, and distributors. The company was founded in 1950 and is headquartered in Lowell, Massachusetts. Profile provided by Yahoo Finance. ▪️Closing Price:  $ 118.10 ▪️Trading Volume: 1,315,200 ▪️Stop Loss: 16% ▪️Trend Strength: 2 ▪️20 Day Trend Line: 14.81% ▪️100 Day Trend Line: 38.89 This stock was identified with Trending Stocks by Stock Trend Spotter, LLC. Free trial: https://trendingstocks.io (This is not a recommendation to purchase.) #stockmarket #stockpicks #investingnews

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