On Thursday, SunRun received a positive adjustment to its Relative Strength (RS) Rating, from 88 to 92.
Here Are 3 Keys For Successful Stock Investing
IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the market's biggest winners typically have an 80 or better RS Rating as they begin their biggest runs.
Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to offer and clear an appropriate buy point.
The company showed 0% earnings growth in the latest quarterly report, while sales growth came in at 10%.
The company earns the No. 2 rank among its peers in the Energy-Solar industry group. Nextracker is the top-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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