KB Home had its Relative Strength (RS) Rating upgraded from 80 to 83 Tuesday.
This unique rating measures market leadership by showing how a stock's price action over the last 52 weeks compares to that of other stocks on the major indexes.
History shows that the stocks that go on to make the biggest gains often have an 80 or better RS Rating as they begin their biggest climbs.
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KB Home is building a consolidation with an 89.70 entry. See if it can break out in heavy volume.
Top and bottom line growth moved higher in the company's most recent quarter. Earnings were up 13%, compared to 11% in the prior report. Revenue increased from -3% to 10%.
The company earns the No. 12 rank among its peers in the Building-Residential/Commercial industry group. Comstock Holding Cl A, Green Brick Partners and Taylor Morrison Home are among the top 5 highly rated stocks within the group.
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