When building your watch list, look for stocks with an 80 or higher RS Rating. Champion Homes just met that criteria with a new score of 85.
This exclusive rating from Investor's Business Daily measures share price performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price behavior over the trailing 52 weeks holds up against all the other stocks in our database.
History shows that the best stocks often have an 80 or higher RS Rating in the early stages of their moves.
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Champion Homes is working on a cup with handle with a 110.00 buy point. See if the stock can break out in volume at least 40% higher than normal.
Earnings growth moved up last quarter from 13% to 27%, but sales fell from 33% to 15%.
The company holds the No. 2 rank among its peers in the Building-Mobile/Manufacturing & RV industry group. Cavco Industries 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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