Sterling Infrastructure saw a positive improvement to its Relative Strength (RS) Rating on Wednesday, rising from 65 to 77.
When To Sell Stocks To Lock In Profits And Minimize Losses
This unique rating identifies market leadership by using a 1 (worst) to 99 (best) score that indicates how a stock's price action over the last 52 weeks stacks up against all the other stocks in our database.
History reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their largest price moves. See if Sterling Infrastructure can continue to show renewed price strength and clear that threshold.
While the stock is not near a proper buy point right now, see if it goes on to form and break out from a proper base.
The company showed 13% earnings growth in the latest quarterly report, while sales growth came in at 3%. Look for the next report on or around May 5.
Sterling Infrastructure holds the No. 4 rank among its peers in the Building-Heavy Construction industry group. Argan is the No. 1-ranked stock 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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