On Monday, Dream Finders Homes received an upgrade to its Relative Strength (RS) Rating, from 72 to 83.
Hone Your Stock-Picking Skills By Focusing On These Factors
This proprietary rating tracks technical performance by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the last 52 weeks matches up against the rest of the market.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 in the early stages of their moves.
While it's not currently an ideal time to buy shares, see if the stock goes on to offer and clear a proper buy point.
The company reported -31% earnings growth in the latest quarterly report, while sales growth came in at 9%.
Dream Finders Homes earns the No. 6 rank among its peers in the Building-Residential/Commercial industry group. Comstock Holding Cl A, Toll Brothers and Taylor Morrison Home 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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