AutoNation had its Relative Strength (RS) Rating upgraded from 90 to 93 Monday. It is working on a consolidation with a 158.40 entry. See if the AutoNation stock can clear the breakout price in heavy trade.
As you try to find the best stocks to buy and watch, be sure to pay attention to relative price strength. 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 stacks up against all the other stocks in our database.
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Earnings For Auto Nation Stock Out This Week
History reveals that the best stocks often have an RS Rating north of 80 at the beginning of a new climb.
The company posted 11% EPS growth in its most recent report. Revenue gains came in at 2%. The company is expected to report its latest results on or around April 20.
AutoNation stock holds the No. 7 rank among its peers in the Retail/Wholesale-Auto Parts industry group. Group 1 Automotive, Rush Enterprises B and Asbury Automotive are among the top 5 highly rated stocks within the group.
