The Relative Strength (RS) Rating for General Motors climbed into a new percentile Tuesday, as it got a lift from 70 to 76.
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 compares to all the other stocks in our database.
History reveals that the best stocks tend to have an RS Rating north of 80 as they launch their biggest climbs. See if General Motors can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
General Motors is trying to complete a consolidation with a 61.24 buy point. See if the stock can break out in volume at least 40% higher than normal.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 30% to 55%. Revenue rose from 10% to 11%.
The company earns the No. 1 rank among its peers in the Auto Manufacturers industry group. XPeng ADR and Ferrari are also among the group's highest-rated stocks.
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:
Automotive Industry News, Self-Driving Cars And Stocks To Watch
Stocks With Rising Relative Strength Ratings
Why Should You Use IBD's Relative Strength Rating?
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
