When putting together your watch list, look for stocks with an 80 or higher RS Rating. Vicor now meets that criteria, with an increase from 79 to 84 Tuesday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price behavior over the last 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 tend to have an RS Rating of at least 80 in the early stages of their moves.
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While the stock is not near a proper buying range right now, see if it goes on to form and break out of a proper chart pattern.
Earnings growth declined in the company's most recent report from 0% to -30%, but the top line rose from -20% to -14%. Look for the next report on or around Feb. 20.
Vicor holds the No. 7 rank among its peers in the Electronics-Parts industry group. Amphenol Cl A, Coherent and Park Aerospace are among the top 5 highly rated stocks within the group.
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