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Rambus Stock Shows Big Accumulation

By:
Lucas Downey
Published: Jan 30, 2023, 12:28 UTC

Rambus Inc. (RMBS) stock has climbed 18% in January. And the semiconductor firm could jump more due a favorable macro environment ahead. But another likely reason is Big Money lifting the stock.

Nasdaq, FX Empire

In this article:

Rambus Attracts Big Money

So, what’s Big Money? Said simply, that’s when a stock goes up in price alongside chunky volumes. It’s indicative of institutions betting on the shares.

Smart money managers are always looking for the next hot stock. And Rambus has many fundamental qualities that are attractive.

This sets up well for the stock going forward. But how the shares have been trading points to more upside. As I’ll show you, the Big Money has been consistent in the shares.

Each green bar signals big trading volumes as the stock ramped in price:

Source: www.mapsignals.com

Since August, the shares attracted 22 Big Money buy signals. Generally speaking, recent green bars could mean more upside is ahead.

Now, let’s check out the fundamental action grabbing my attention:

Rambus Fundamental Analysis

Next, it’s a good idea to check under the hood. Meaning, I want to make sure the fundamental story is strong too. As you can see, Rambus has been growing sales and EPS at a healthy clip. Take a look:

  • 1-year sales growth rate (+33.3%)
  • 3-year EPS growth rate (+48.4%)

Source: FactSet

Marrying great fundamentals with technically superior stocks is a winning recipe over the long-term.

In fact, RMBS has been a top-rated stock at my research firm, MAPsignals, numerous time the last couple of years. That means the stock has buy pressure, strong technicals, and growing fundamentals. We have a ranking process that showcases stocks like this on a weekly basis.

Let’s wrap up.

Rambus Price Prediction

The Rambus rally could have further to go. Big Money buying in the shares is signaling to take notice. Shares could be positioned for further upside. Given the historical gains in share price and strong fundamentals, this stock could be worth a spot in a diversified portfolio.

Disclosure: the author holds no positions in RMBS at the time of publication.

Learn more about the MAPsignals process here.

About the Author

Lucas Downeycontributor

Lucas is a well-versed equity investor and educator. He currently is co-founder of research and analytics firm, MAPsignals.com, which focuses on finding outlier stocks by following the Big Money.

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