Vicor had its Relative Strength (RS) Rating upgraded from 61 to 71 Thursday — a welcome improvement, but still below the 80 or better score you prefer to see.
How To Invest In Stocks In Both Bull And Bear Markets
This proprietary rating identifies technical performance by showing how a stock's price movement over the last 52 weeks compares to that of the other stocks in our database.
Decades of market research reveals that the best-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves. See if Vicor can continue to rebound and clear that threshold.
While the stock is not near an ideal buy zone right now, see if it is able to form and break out from a proper base.
Vicor showed 0% earnings growth in the latest quarterly report, while sales growth came in at 64%.
The company earns the No. 7 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Bel Fuse A and Bel Fuse Cl B are among the top 5 highly rated stocks 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:
Which Stocks Are Showing Improved Price Performance?
