When considering what names to put on your watch list, look for stocks with an 80 or higher RS Rating. Dorman Products just cleared that benchmark with an upgrade from 78 to 81.
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This exclusive rating from Investor's Business Daily tracks share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an 80 or better RS Rating as they begin their biggest climbs.
Dorman Products is working on a consolidation with a 146.60 entry. See if it can break out in volume at least 40% above average. Keep in mind that it's a later-stage consolidation, and those are riskier than earlier-stage patterns.
The company showed 23% EPS growth in its most recent report. Revenue increased 8%.
Dorman Products earns the No. 3 rank among its peers in the Auto/Truck-Replacement Parts industry group. Motorcar Parts of Amer 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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