Cavco Industries had its Relative Strength (RS) Rating upgraded from 65 to 72 Thursday — a welcome improvement, but still below the 80 or better score you prefer to see.
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This exclusive rating from Investor's Business Daily measures price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
Decades of market research reveals that the top-performing stocks often have an 80 or higher RS Rating as they launch their largest price moves. See if Cavco Industries can continue to show renewed price strength and hit that benchmark.
Cavco Industries is not currently showing a potential buy point. See if the stock goes on to form a promising consolidation that could launch a new move.
Earnings growth increased last quarter from 34% to 56%. But sales fell from 21% to 17%. The next quarterly results are expected on or around Oct. 30.
Cavco Industries holds the No. 2 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. REV Group 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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