Forward Air had its Relative Strength (RS) Rating upgraded from 67 to 87 Monday.
Risk Management In The Stock Market: How Much Money To Invest Now
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves.
While the stock is not near a proper entry right now, see if it manages to form and break out from a proper chart pattern.
Forward Air showed 0% earnings growth in its most recent report, while sales growth came in at 13%. The next quarterly numbers are expected on or around Jul. 31.
Forward Air earns the No. 4 rank among its peers in the Transportation-Truck industry group. Knight-Swift Transport 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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