Banking

Stock Upgrades: LKQ Shows Rising Relative Strength

One important metric to look for in a stock is an 80 or higher Relative Strength Rating. LKQ (LKQ) cleared that benchmark Tuesday, with a jump from 76 to 83 Tuesday.




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When you’re researching 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 share price movement with a 1 (worst) to 99 (best) score. The rating shows how a stock’s price behavior over the last 52 weeks stacks up against all the other stocks in our database.

Over 100 years of market history reveals that the stocks that go on to make the biggest gains tend to have an RS Rating of above 80 as they begin their biggest climbs.


Looking For The Best Stocks To Buy And Watch? Start Here


LKQ is trying to complete a cup with handle with a 56.99 buy point. See if the stock can break out in volume at least 40% higher than normal.

LKQ reported negative growth for both sales and earnings last quarter.

The company earns the No. 5 rank among its peers in the Retail/Wholesale-Auto industry group. Genuine Parts (GPC) and Copart (CPRT) are also among the group’s highest-rated stocks.

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