The Relative Strength (RS) Rating for Thor Industries stock climbed into a new percentile Tuesday, with a rise from 67 to 82.
When looking for the best stocks to buy and watch, be sure to pay attention to relative price strength.
This exclusive rating from Investor's Business Daily tracks share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks holds up against all the other stocks in our database.
Over 100 years of market history shows that the top-performing stocks tend to have an RS Rating of over 80 in the early stages of their moves.
See How IBD Helps You Make More Money In Stocks
Is Thor Industries Stock A Buy?
Thor Industries stock is working on a cup with handle with a 93.24 buy point. See if the stock can clear the breakout price in heavy trade. The relative strength line has moved into new high ground, a promising sign of market leadership.
The RV company reported negative growth for both sales and earnings last quarter.
Thor Industries stock holds the No. 4 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. Cavco Industries and Skyline Champion are also among the group's highest-rated stocks.
