In a welcome move, Lithia Motors saw its Relative Strength Rating improve from 69 to 72 on Monday.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest runs. See if Lithia Motors can continue to rebound and hit that benchmark.
Lithia Motors is not currently near a potential buy zone. See if the stock goes on to build a sound pattern that could launch a new move.
While the company's top line growth fell last quarter from 20% to 7%, the bottom line grew 25%, up from -6% in the previous report.
Lithia Motors holds the No. 5 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Carvana Cl A 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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