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Here is how Photronics (PLAB) and Cirrus Logic (CRUS) have performed compared to their sector so far this year.

We've all become adjusted to a few of the mega-popular stocks involved in the broader AI trade, namely NVIDIA, Palantir, and Vertiv, to just name a small trio. But there are others that investors should keep an eye on.

Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.

Photronics (PLAB) has been upgraded to a Zacks Rank #2 (Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.

After reaching an important support level, Photronics (PLAB) could be a good stock pick from a technical perspective. PLAB surpassed resistance at the 20-day moving average, suggesting a short-term bullish trend.

Photronics (PLAB) is looking like an interesting pick from a technical perspective, as the company reached a key level of support. Recently, PLAB broke out above the 50-day moving average, suggesting a short-term bullish trend.

Meros Investment Management, LP reduced its stake in Photronics by 396,804 shares in the fourth quarter. The quarter-end value of the Photronics position fell by $8.1 million, reflecting both the sale and changes in the stock price.