One important metric to look for in a stock is an 80 or higher Relative Strength Rating. CACI International Cl A cleared that benchmark Wednesday, with a jump from 80 to 83 Wednesday.
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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 other publicly traded companies.
History shows that the best-performing stocks tend to have an 80 or better RS Rating in the early stages of their moves.
CACI International Cl A is working on a cup without handle with a 588.26 buy point. See if the stock can break out in heavy trading.
The company reported 9% EPS growth in the latest quarterly report. Sales gains came in at 12%.
The company holds the No. 6 rank among its peers in the Computer-Technical Services industry group. Dave, IBEX and Innodata 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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