On Thursday, Camtek got an upgrade to its Relative Strength (RS) Rating, from 69 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's proprietary RS Rating measures technical performance by showing how a stock's price action 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 RS Rating north of 80 in the early stages of their moves. See if Camtek can continue to rebound and clear that threshold.
While Camtek is not near an ideal entry right now, see if it manages to form and break out from a proper base.
The company posted 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. Itron and Cognex 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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