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Herc Joins Rank Of Stocks With RS Ratings Over 90

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Herc ( HRI ) saw a positive improvement to its Relative Strength ( RS ) Rating on Thursday, rising from 83 to 92.

[ibd-display-video id=2385970 width=50 float=left autostart=true] IBD's unique RS Rating measures market leadership by using a 1 (worst) to 99 (best) score that shows how a stock's price performance over the trailing 52 weeks matches up against other publicly traded companies.

Decades of market research reveals that the market's biggest winners often have an 80 or better RS Rating in the early stages of their moves.

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Herc is still within a buy zone after moving past a 53.06 entry in a consolidation . Once a stock moves 5% or higher beyond the initial entry, it's considered out of buy range.

Taking a look at revenue and profit performance, Herc has posted rising EPS growth over the last two quarters. Sales growth has also risen over the same time frame.

The company earns the No. 16 rank among its peers in the Leisure-Services industry group. Marriott Vacations World ( VAC ), Planet Fitness ( PLNT ) and Collectors Universe ( CLCT ) are among the top 5 highly rated stocks within the group.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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