One important metric to look for in a stock is an 80 or higher Relative Strength Rating. REV Group cleared that benchmark Wednesday, with a jump from 80 to 85 Wednesday.
This unique rating tracks market leadership by showing how a stock's price action over the last 52 weeks measures up against that of other stocks on the major indexes.
Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an 80 or higher RS Rating in the early stages of their moves.
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REV Group is not currently near a potential buying area. See if the stock goes on to form a base that could spark a new run.
Earnings growth decreased in the most recent quarter from 37% to -4%. But revenue gains moved higher, from -15% to -14%. The company is expected to report its latest earnings and sales numbers on or around Mar. 5.
REV Group holds the No. 3 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. Cavco Industries is the top-ranked stock within the group.
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