Rush Enterprises A had its Relative Strength (RS) Rating upgraded from 75 to 82 Tuesday.
IBD's proprietary rating measures price movement with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they launch their biggest price moves.
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While now is not an ideal time to jump in, see if the stock goes on to form a base and break out.
While earnings growth declined in the prior quarter from 2% to -4%, sales grew -1%, up from -4% in the prior report.
The company holds the No. 9 rank among its peers in the Retail/Wholesale-Auto Parts industry group. OPENLANE, Carvana Cl A and Group 1 Automotive 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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