Vulcan Materials saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 68 to 71.
Can You Really Time The Stock Market?
IBD's proprietary RS Rating identifies market leadership by showing how a stock's price action over the last 52 weeks compares to that of the other stocks in our database.
Over 100 years of market history reveals that the best stocks tend to have an RS Rating of at least 80 in the early stages of their moves. See if Vulcan Materials can continue to rebound and hit that benchmark.
Vulcan Materials is working on a consolidation with a 298.31 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.
While earnings growth declined in the company's most recently reported quarter from 49% to 25%, revenue rose 6%, up from 1% in the previous report.
Vulcan Materials holds the No. 2 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals 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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