When putting together your watch list, look for stocks with an 80 or higher RS Rating. Aehr Test Systems now meets that criteria, with a jump from 80 to 86 Wednesday.
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This unique rating tracks technical performance by using a 1 (worst) to 99 (best) score that identifies how a stock's price action over the last 52 weeks matches up against other publicly traded companies.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating of at least 80 in the early stages of their moves.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to offer and clear a proper buy point.
Aehr Test Systems showed 0% EPS growth in the latest quarterly report. Revenue gains came in at -15%.
The company holds the No. 10 rank among its peers in the Electronics-Semiconductor Equipment industry group. KLA, Nova and Lam Research 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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