The Relative Strength (RS) Rating for Camtek moved into a higher percentile Wednesday, as it got a lift from 68 to 74.
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This proprietary rating measures market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves. See if Camtek can continue to show renewed price strength and clear that threshold.
Camtek is not currently near a potential buy zone. See if the stock goes on to build a promising consolidation that could launch a new move.
The company reported 20% EPS growth in its most recent report. Sales rose 20%.
Camtek earns the No. 1 rank among its peers in the Electronics-Scientific Measuring industry group. Cognex and Itron are also among the group's highest-rated stocks.
This article was created automatically with Stats Perform's Wordsmith software using data and article templates supplied by Investor's Business Daily. An IBD journalist may have edited the article.
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