Sterling Infrastructure saw a positive improvement to its Relative Strength (RS) Rating on Monday, with an upgrade from 65 to 77.
This exclusive rating from Investor's Business Daily identifies share price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance 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 often have an 80 or better RS Rating in the early stages of their moves. See if Sterling Infrastructure can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
While now is not an ideal time to jump in, see if the stock goes on to form a consolidation and break out.
The company reported 13% earnings growth in its most recent report. Sales increased 3%. The next quarterly numbers are expected on or around May 5.
Sterling Infrastructure earns the No. 5 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.
RELATED:
IBD Stock Rating Upgrades: Rising Relative Strength
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!