When considering what names to put on your watch list, focus on stocks with an 80 or higher RS Rating. Forward Air just met that criteria with a new score of 84.
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 holds up against all the other stocks in our database.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating of over 80 in the early stages of their moves.
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Forward Air is trying to complete a consolidation with a 40.92 entry. See if it can clear the breakout price in heavy volume.
The company posted 0% earnings growth in the latest quarterly report, while sales growth came in at 92%. The next quarterly results are expected on or around Feb. 26.
Forward Air earns the No. 4 rank among its peers in the Transportation-Truck industry group. Saia is the No. 1-ranked stock within the group.
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