On Thursday, Lindsay received an upgrade to its Relative Strength (RS) Rating, from 80 to 86.
This exclusive rating from Investor's Business Daily measures market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History reveals that the stocks that go on to make the biggest gains typically have an RS Rating north of 80 as they begin their biggest runs.
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Lindsay is trying to complete a consolidation with a 140.26 entry. See if the stock can clear the breakout price in heavy volume.
Taking a look at revenue and profit performance, the company has posted two quarters of rising earnings growth. Revenue gains have also risen over the same time frame.
The company earns the No. 1 rank among its peers in the Machinery-Farm industry group. Deere and Alamo Group 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.
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