On Thursday, CRA International got a positive adjustment to its Relative Strength (RS) Rating, from 64 to 72.
When To Sell Stocks To Lock In Profits And Minimize Losses
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an RS Rating north of 80 as they launch their biggest price moves. See if CRA International can continue to show renewed price strength and clear that threshold.
CRA International is trading within a buy zone after climbing above a 196.13 entry in a cup with handle. The proper buying range is up to 5% above the initial entry. Once a stock hits that benchmark, it's best to wait for it to set up another buying opportunity..
The company reported 13% earnings growth last quarter, while sales growth came in at 6%. Look for the next report on or around Jul. 31.
The company earns the No. 8 rank among its peers in the Commercial Services-Consulting industry group. Stantec, VSE and Huron Consulting Group are among the top 5 highly rated stocks 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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