Sandisk had its Relative Strength (RS) Rating upgraded from 79 to 83 Tuesday.
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This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of at least 80 as they launch their biggest runs.
Sandisk is not currently showing a potential entry point. See if the stock goes on to build a promising consolidation that could spark a new run.
Earnings growth slowed in the most recent quarter from 0% to -77%. But revenue moved higher, from -1% to 8%.
The company earns the No. 9 rank among its peers in the Computer Software-Storage industry group. Western Digital, Micron Technology and Pure Storage Cl A 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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