Primoris Services had its Relative Strength (RS) Rating upgraded from 78 to 82 Thursday.
Hone Your Stock-Picking Skills By Focusing On These Factors
IBD's proprietary RS Rating tracks technical performance by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
Over 100 years of market history reveals that the market's biggest winners typically have an 80 or higher RS Rating as they launch their biggest runs.
While the stock is not near an ideal entry right now, see if it manages to form and break out of a proper base.
In terms of fundamentals, the company has posted rising EPS growth over the last two quarters. Top line growth has also increased over the same time frame.
The company holds the No. 5 rank among its peers in the Building-Heavy Construction industry group. Argan 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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