One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Lindsay now clears that threshold, with a jump from 80 to 83 Wednesday.
Hone Your Stock-Picking Skills By Focusing On These Factors
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners often have an RS Rating north of 80 in the early stages of their moves.
Lindsay is trying to complete a consolidation with a 140.26 entry. See if it can break out in volume at least 40% above average.
In terms of top and bottom line numbers, the company has posted two quarters of rising earnings growth. Sales growth has also risen over the same time frame.
Lindsay holds the No. 1 rank among its peers in the Machinery-Farm industry group. Deere and Alamo Group 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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