One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Camtek now clears that threshold, with a jump from 78 to 81 Thursday.
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This unique rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of other stocks on the major indexes.
History shows that the best-performing stocks typically have an RS Rating of at least 80 as they begin their biggest price moves.
Camtek is not currently near a potential buy zone. See if the stock goes on to build a base that could kick off a new climb.
The company showed 20% EPS growth last quarter. Revenue increased 20%.
Camtek earns the No. 1 rank among its peers in the Electronics-Scientific Measuring industry group. Itron and Cognex are also among the group's highest-rated stocks.
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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