On Thursday, Knife River received an upgrade to its Relative Strength (RS) Rating, from 76 to 83.
This proprietary rating tracks technical performance by showing how a stock's price movement over the last 52 weeks measures up against that of the other stocks in our database.
Over 100 years of market history reveals that the stocks that go on to make the biggest gains often have an RS Rating north of 80 in the early stages of their moves.
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Knife River is working on a consolidation with a 108.83 buy point. See if it can break out in heavy trade. Keep in mind that it's a later-stage consolidation, and those entail more risk.
Earnings grew 14% last quarter, up from 1% in the prior report. Revenue also increased, from 1% to 2%.
The company earns the No. 3 rank among its peers in the Building-Cement/Concrete/Aggregates industry group. U.S. Lime & Minerals is the top-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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