Cavco Industries had its Relative Strength (RS) Rating upgraded from 66 to 72 Wednesday — a welcome improvement, but still short of the 80 or better score you look for.
Can You Really Time The Stock Market?
This exclusive rating from Investor's Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks often have an RS Rating north of 80 in the early stages of their moves. See if Cavco Industries can continue to show renewed price strength and hit that benchmark.
Cavco Industries is building a cup without handle with a 549.99 entry. See if it can break out in volume at least 40% higher than normal.
Earnings growth picked up last quarter from 34% to 56%. But revenue gains fell from 21% to 17%.
The company holds the No. 2 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. REV Group is the top-ranked stock within the group.
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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