Credit Acceptance saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, with an increase from 79 to 82.
This exclusive rating from Investor's Business Daily tracks market leadership with a 1 (worst) to 99 (best) score. The grade 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 reveals that the stocks that go on to make the biggest gains often have an RS Rating of above 80 in the early stages of their moves.
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Credit Acceptance is trying to complete a consolidation with a 616.66 entry. See if it can clear the breakout price in volume at least 40% above average.
Credit Acceptance posted 1% EPS growth in the latest quarterly report, while sales growth came in at 15%.
Credit Acceptance holds the No. 9 rank among its peers in the Finance-Consumer Loans industry group. Enova International, Atlanticus Holdings and Mr. Cooper Group are among the top 5 highly rated stocks 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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