In a welcome move, Dorman Products saw its Relative Strength Rating rise from 70 to 75 on Wednesday.
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This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The rating shows how a stock's price performance over the trailing 52 weeks stacks up against all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains often have an 80 or higher RS Rating in the early stages of their moves. See if Dorman Products can continue to rebound and hit that benchmark.
Dorman Products is not currently showing a potential buy point. See if the stock goes on to form a chart pattern that could ignite a new run.
The company posted 40% EPS growth in its most recent report, while sales growth came in at 8%. The company is expected to report its latest numbers on or around May 5.
The company earns the No. 1 rank among its peers in the Auto/Truck-Replacement Parts industry group. Standard Motor Products and XPEL are also among the group's highest-rated stocks.
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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