The Relative Strength (RS) Rating for Lithia Motors climbed into a new percentile Wednesday, with an increase from 75 to 83.
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This proprietary rating measures technical performance by showing how a stock's price action over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks often have an RS Rating of over 80 in the early stages of their moves.
Lithia Motors is not currently offering a proper buying opportunity. See if the stock goes on to form a base that could launch a new move.
Earnings growth rose last quarter from -6% to 25%. But sales fell from 20% to 7%.
Lithia Motors earns the No. 5 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Carvana Cl A is the No. 1-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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