Rush Enterprises A saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, with an upgrade from 79 to 84.
IBD's unique rating measures market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks typically have an RS Rating of at least 80 as they begin their biggest runs.
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Rush Enterprises A is building a consolidation with a 65.15 buy point. See if the stock can break out in volume at least 40% higher than normal.
While earnings growth decreased in the company's most recently reported quarter from 2% to -4%, revenue rose -1%, up from -4% in the prior report.
Rush Enterprises A earns the No. 12 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Group 1 Automotive, ACV Auctions and Asbury Automotive are among the top 5 highly rated stocks within the group.
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