In a welcome move, Lennar Cl A saw its Relative Strength Rating rise from 68 to 72 on Tuesday.
IBD's unique rating tracks share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the best stocks typically have an RS Rating north of 80 in the early stages of their moves. See if Lennar Cl A can continue to rebound and clear that threshold.
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Lennar Cl A is trying to complete a consolidation with a 193.80 entry. See if the stock can clear the breakout price in heavy trade.
The company reported 0% earnings growth in the latest quarterly report. Sales gains came in at 8%.
The company holds the No. 16 rank among its peers in the Building-Residential/Commercial industry group. Comstock Holding Cl A, Green Brick Partners and Taylor Morrison Home are among the top 5 highly rated stocks within the group.
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