The Relative Strength (RS) Rating for America's Car-Mart stock entered a new percentile Thursday, with an increase from 75 to 88.
When you're researching 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 performance with a 1 (worst) to 99 (best) score. The score shows how a stock's price performance over the last 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 often have an RS Rating north of 80 as they launch their biggest runs.
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Is America's Car-Mart Stock A Buy?
America's Car-Mart stock is working on a double bottom with a 109.04 buy point. See if it can clear the breakout price in heavy trading. Read "Looking For The Next Big Stock Market Winners? Start With These 3 Steps" for more tips.
The used car dealership stock showed -35% earnings growth in its most recent report. Sales rose 26%. Keep an eye out for the company's next round of numbers on or around Aug. 17.
America's Car-Mart tock earns the No. 8 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Group I Automotive and Penske Automotive Group are also among the group's highest-rated stocks.