One important metric to look for in a stock is an 80 or higher Relative Strength Rating. LKQ cleared that benchmark Thursday, with a jump from 72 to 84 Thursday.
IBD's proprietary rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks stacks up against all the other stocks in our database.
Decades of market research reveals that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
Hone Your Stock-Picking Skills By Focusing On These Factors
LKQ is building a consolidation with a 53.68 buy point. See if the stock can clear the breakout price in heavy trading.
LKQ posted negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Apr. 24.
LKQ holds the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Copart is the No. 1-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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