One important metric to look for in a stock is an 80 or higher Relative Strength Rating. Sonic Automotive Cl A now clears that threshold, with a jump from 71 to 81 Tuesday.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade shows how a stock's price behavior over the trailing 52 weeks compares to all the other stocks in our database.
History shows that the top-performing stocks often have an RS Rating of over 80 as they launch their biggest price moves.
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Sonic Automotive Cl A is not currently near a potential buying area. See if the stock goes on to build a sound pattern that could spark a new run.
Top and bottom line growth moved higher last quarter. Earnings were up -7%, compared to -38% in the prior report. Revenue increased from -4% to 9%. Look for the next report on or around Apr. 24.
Sonic Automotive Cl A holds the No. 9 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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