Taylor Morrison Home saw a welcome improvement to its Relative Strength (RS) Rating on Tuesday, rising from 67 to 72.
This exclusive rating from Investor's Business Daily tracks share price performance with a 1 (worst) to 99 (best) score. The rating shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Over 100 years of market history shows that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 as they begin their largest runs. See if Taylor Morrison Home can continue to rebound and hit that benchmark.
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Taylor Morrison Home is building a flat base with a 62.64 buy point. See if the stock can break out in volume at least 40% higher than normal. It's a later-stage pattern, and investors should be aware that those involve more risk.
Taylor Morrison Home saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -30% to 1%. Revenue rose from -19% to 2%. The company is expected to report its latest performance numbers on or around Jul. 24.
The company earns the No. 14 rank among its peers in the Building-Residential/Commercial industry group. PulteGroup, Toll Brothers and Meritage Homes are among the top 5 highly rated stocks within the group.
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