In a welcome move, Sun Country Airlines saw its Relative Strength Rating rise from 69 to 79 on Wednesday.
This exclusive rating from Investor's Business Daily identifies market leadership with a 1 (worst) to 99 (best) score. The score shows how a stock's price movement over the trailing 52 weeks compares to all the other stocks in our database.
Decades of market research shows that the stocks that go on to make the biggest gains typically have an RS Rating of at least 80 in the early stages of their moves. See if Sun Country Airlines can continue to show renewed price strength and hit that benchmark.
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While the stock is not near an ideal buying range right now, see if it goes on to form and break out of a proper chart pattern.
Sun Country Airlines saw both earnings and sales growth rise last quarter. Earnings-per-share increased from -85% to -57%. Revenue rose from -3% to 0%.
The company earns the No. 6 rank among its peers in the Transportation-Airline industry group. Skywest, Alaska Air Group and Allegiant Travel are among the top 5 highly rated stocks within the group.
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