The Relative Strength (RS) Rating for Cactus Cl A entered a new percentile Wednesday, with an increase from 76 to 81.
This exclusive rating from Investor's Business Daily measures share price action with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.
Over 100 years of market history reveals that the top-performing stocks typically have an RS Rating of at least 80 as they launch their biggest runs.
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Cactus Cl A is not currently near a potential buying area. See if the stock goes on to build a promising consolidation that could spark a new run.
The company saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -4% to -1%. Revenue rose from -5% to 2%.
Cactus Cl A holds the No. 10 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Archrock, Chart Industries and Natural Gas Services are among the top 5 highly rated stocks within the group.
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