CoreCivic had its Relative Strength (RS) Rating upgraded from 64 to 73 Monday — a welcome improvement, but still short of the 80 or higher score you prefer to see.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an 80 or better RS Rating as they begin their biggest price moves. See if CoreCivic can continue to rebound and clear that threshold.
CoreCivic is working on a consolidation with a 24.99 entry. See if it can break out in heavy volume.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -2% to 40%. Revenue rose from -2% to 10%.
The company earns the No. 16 rank among its peers in the Security/Safety industry group. Federal Signal, APi Group and Axon Enterprise 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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