Skywest had its Relative Strength (RS) Rating upgraded from 80 to 85 Tuesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the last 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the best stocks typically have an RS Rating of at least 80 as they begin their biggest price moves.
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While the stock is not near a proper buy point right now, see if it manages to form and break out of a proper base.
Skywest saw both earnings and sales growth rise last quarter. Earnings-per-share increased from 293% to 457%. Revenue rose from 19% to 26%. Keep an eye out for the company's next round of numbers on or around Apr. 24.
Skywest holds the No. 1 rank among its peers in the Transportation-Airline industry group. Alaska Air Group and Sun Country Airlines are also among the group's highest-rated stocks.
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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