Group 1 Automotive saw a positive improvement to its Relative Strength (RS) Rating on Monday, rising from 86 to 91.
This proprietary rating identifies market leadership by using a 1 (worst) to 99 (best) score that identifies how a stock's price performance over the trailing 52 weeks matches up against all other stocks in our database.
Over 100 years of market history shows that the best-performing stocks tend to have an 80 or higher RS Rating at the beginning of a new price run.
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Group 1 Automotive is not currently near a potential buying area. See if the stock goes on to form a chart pattern that could spark a new run.
Group 1 Automotive saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -18% to 5%. Revenue rose from 11% to 24%. The next quarterly numbers are expected on or around Apr. 23.
The company holds the No. 1 rank among its peers in the Retail/Wholesale-Auto Parts industry group. OPENLANE and Carvana Cl A 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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