Dycom Industries Shows Rising Price Performance With Jump To 92 RS Rating

On Wednesday, Dycom Industries (DY) earned a positive adjustment to its Relative Strength (RS) Rating, from 63 to 92.


When looking for the best stocks to buy and watch, keep a close on eye on relative price strength. This exclusive rating from Investor’s Business Daily identifies share price action with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price behavior over the trailing 52 weeks stacks up against all the other stocks in our database.

Decades of market research reveals that the stocks that go on to make the biggest gains tend to have an RS Rating north of 80 in the early stages of their moves.

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Dycom Industries is working on a cup without handle with a 101.26 buy point. See if it can clear the breakout price in volume at least 40% higher than normal.

Dycom Industries saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -49% to -10%. Revenue rose from -4% to 5%.

The company earns the No. 3 rank among its peers in the Telecom-Infrastructure industry group. Aviat Networks (AVNW) and Dycom Industries (DY) are among the top 5 highly rated stocks within the group.


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