On Wednesday, Vicor received a positive adjustment to its Relative Strength (RS) Rating, from 69 to 73.
When To Sell Stocks To Lock In Profits And Minimize Losses
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the market's biggest winners tend to have an 80 or higher RS Rating in the early stages of their moves. See if Vicor can continue to rebound and clear that threshold.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock is able to offer and clear an appropriate buy point.
Vicor reported 0% EPS growth last quarter, while sales growth came in at 64%.
Vicor holds the No. 6 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Bel Fuse Cl B and Bel Fuse A 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.
RELATED:
Stocks With Rising Relative Strength Ratings