On Wednesday, LKQ hit a key performance benchmark, with its Relative Strength (RS) Rating moving into the 80-plus percentile with an upgrade to 84, an increase from 73 the day before.
Looking For The Best Stocks To Buy And Watch? Start Here
IBD's unique RS Rating measures technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks tend to have an 80 or better RS Rating as they begin their biggest climbs.
LKQ is building a consolidation with a 53.68 entry. See if it can break out in heavy trade.
LKQ reported negative growth for both sales and earnings last quarter. The company is expected to report its next quarterly numbers on or around Apr. 24.
The company earns 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
