Camtek had its Relative Strength (RS) Rating upgraded from 80 to 86 Friday.
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IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
History shows that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves.
Camtek is building a cup without handle with a 101.73 entry. See if the stock can break out in heavy volume.
Camtek reported 20% earnings growth in the latest quarterly report, while sales growth came in at 20%.
The company earns the No. 1 rank among its peers in the Electronics-Scientific Measuring industry group. Cognex and Keysight Technologies 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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