Rush Enterprises A had its Relative Strength (RS) Rating upgraded from 78 to 81 Thursday.
IBD's proprietary RS Rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.
History reveals that the best stocks tend to have an 80 or better RS Rating in the early stages of their moves.
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Now is not an ideal time to jump in since it isn't near a proper buy zone, but see if the stock manages to establish and enter a buy zone in heavy trade.
While EPS growth decreased in the prior quarter from 2% to -4%, the top line grew -1%, up from -4% in the prior report.
The company holds the No. 10 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Group 1 Automotive, OPENLANE and Carvana Cl A are among the top 5 highly rated stocks within the group.
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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