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Investors Business Daily
Investors Business Daily
Business
INVESTOR'S BUSINESS DAILY

Camtek Trying To Close In On Key Technical Measure

The Relative Strength (RS) Rating for Camtek entered a higher percentile Wednesday, as it got a lift from 68 to 79.

When To Sell Stocks To Lock In Profits And Minimize Losses

This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating in the early stages of their moves. See if Camtek can continue to show renewed price strength and hit that benchmark.

While Camtek is not near an ideal buy zone right now, see if it goes on to form and break out of a proper chart pattern.

Camtek showed 25% earnings growth in the latest quarterly report. Sales gains came in at 22%. Look for the next report on or around Jul. 30.

Camtek earns 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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