Hawkins had its Relative Strength (RS) Rating upgraded from 88 to 91 Monday.
IBD's unique rating measures price movement with a 1 (worst) to 99 (best) score. The grade shows how a stock's price performance over the last 52 weeks compares to all the other stocks in our database.
History shows that the best-performing stocks tend to have an RS Rating of over 80 at the beginning of a new price run.
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Hawkins is working on a consolidation with a 139.56 buy point. See if the stock can break out in heavy volume.
Earnings growth declined in the company's most recent report from 5% to 1%, but revenue rose from 4% to 8%. The next quarterly results are expected on or around May 14.
The company holds the No. 1 rank among its peers in the Chemicals-Basic industry group. Westlake Chem Partners and DuPont de Nemours 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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