On Tuesday, Primoris Services received an upgrade to its Relative Strength (RS) Rating, from 78 to 83.
Hone Your Stock-Picking Skills By Focusing On These Factors
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the trailing 52 weeks matches up against other publicly traded companies.
Decades of market research shows that the best stocks typically have an RS Rating north of 80 as they launch their biggest climbs.
While Primoris Services is not near an ideal buy zone right now, see if it manages to form and break out of a proper chart pattern.
In terms of top and bottom line numbers, Primoris Services has posted rising EPS growth in each of the last two reports. Top line growth has also risen over the same time frame.
The company holds the No. 2 rank among its peers in the Building-Heavy Construction industry group. Construction Ptrs 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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