In a welcome move, Vicor saw its Relative Strength Rating rise from 65 to 72 on Friday.
How To Invest In Stocks In Both Bull And Bear Markets
This proprietary rating identifies market leadership by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the best-performing stocks often have an RS Rating of above 80 as they begin their biggest climbs. See if Vicor can continue to show renewed price strength and hit that benchmark.
Vicor is not currently offering a proper buying opportunity. See if the stock goes on to build a base that could kick off a new price move.
Vicor reported 0% earnings growth last quarter, while sales growth came in at 64%.
The company holds the No. 6 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Bel Fuse A and Bel Fuse Cl B 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
