On Thursday, Camtek earned a positive adjustment to its Relative Strength (RS) Rating, from 79 to 82.
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IBD's proprietary RS Rating tracks market leadership by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best-performing stocks typically have an 80 or better RS Rating as they launch their biggest climbs.
Camtek is not currently near a potential buy zone. See if the stock goes on to form a promising consolidation that could launch a new move.
The company showed 25% earnings growth in the latest quarterly report, while sales growth came in at 22%. The company is expected to report its latest earnings and sales numbers on or around Jul. 30.
The company holds the No. 1 rank among its peers in the Electronics-Scientific Measuring industry group. Itron and FARO Technologies 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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