The Relative Strength (RS) Rating for Cactus Cl A entered a new percentile Friday, as it got a lift from 65 to 75.
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 behavior 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 north of 80 in the early stages of their moves. See if Cactus Cl A can continue to show renewed price strength and clear that threshold.
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While Cactus Cl A is not near an ideal buy zone right now, see if it is able to form and break out from a proper consolidation.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up -1%, compared to -4% in the prior report. Revenue increased from -5% to 2%.
Cactus Cl A earns the No. 10 rank among its peers in the Oil & Gas-Machinery/Equipment industry group. Archrock, Chart Industries and Natural Gas Services are among the top 5 highly rated stocks within the group.
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