The Relative Strength (RS) Rating for Generac Holdings moved into a higher percentile Friday, as it got a lift from 70 to 74.
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This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the last 52 weeks holds up against all the other stocks in our database.
Decades of market research shows that the best stocks typically have an 80 or better RS Rating as they launch their biggest price moves. See if Generac Holdings can continue to show renewed price strength and clear that threshold.
Generac Holdings has climbed more than 5% past a 154.26 entry in a first-stage cup with handle, meaning it's now out of a proper buy range. Look for the stock to offer a new chance to pick up shares like a three-weeks tight or pullback to the 50-day or 10-week moving average.
The company posted 22% EPS growth in its most recent report. Revenue rose 6%. The company is expected to report its latest performance numbers on or around Oct. 29.
The company earns the No. 13 rank among its peers in the Electrical Power/Equipment industry group. nVent Electric, American Superconductor and Vertiv Holdings 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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