In a welcome move, Nova saw its Relative Strength Rating rise from 66 to 71 on Thursday.
This exclusive rating from Investor's Business Daily tracks 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.
Over 100 years of market history reveals that the market's biggest winners tend to have an RS Rating north of 80 as they launch their biggest price moves. See if Nova can continue to rebound and clear that threshold.
When To Sell Stocks To Lock In Profits And Minimize Losses
Nova is not currently showing a potential entry point. See if the stock goes on to form a sound pattern that could launch a new move.
EPS growth decreased in the company's most recent report from 52% to 41%, but revenue rose from 28% to 39%.
The company holds the No. 1 rank among its peers in the Electronics-Semiconductor Equipment industry group. FormFactor and KLA are also among the group's highest-rated stocks.
RELATED:
Which Stocks Are Showing Rising Relative Strength?
Why Should You Use IBD's Relative Strength Rating?
How Relative Strength Line Can Help You Judge A Stock
Ready To Grow Your Investing Skills? Join An IBD Meetup Group!
