Sun Country Airlines saw a positive improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 65 to 76.
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IBD's unique rating identifies market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks often have an RS Rating of at least 80 as they launch their biggest climbs. See if Sun Country Airlines can continue to show renewed price strength and hit that benchmark.
While the stock is not near an ideal entry right now, see if it manages to form and break out from a proper base.
The company posted 9% EPS growth in the latest quarterly report. Revenue gains came in at 5%. Keep an eye out for the company's next round of numbers on or around Jul. 31.
The company earns the No. 7 rank among its peers in the Transportation-Airline industry group. Skywest, Ryanair Holdings ADR and Alaska Air Group 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.
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