On Thursday, Thor Industries got a positive adjustment to its Relative Strength (RS) Rating, from 64 to 80.
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This exclusive rating from Investor's Business Daily measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the last 52 weeks compares to all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating as they launch their biggest climbs.
Thor Industries is working on a cup without handle with a 118.85 entry. See if it can clear the breakout price in volume at least 40% above average.
Earnings grew 19% last quarter, up from 0% in the prior report. Revenue also increased, from -9% to 3%.
Thor Industries holds the No. 4 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. REV Group 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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